GDF Suez to Supply US LNG to Taiwan's CPC Corp

GDF Suez has signed a deal with Taiwan’s CPC Corporation under which the French firm will supply 800,000 tons per year sourced from Cameron LNG plant in the USA.

The fuel would be supplied for 20 years starting 2018.

The Cameron LNG export project in which partners are GDF Suez, Sempra, Mitsubishi and Mitsui has received conditional approvals from the US Department of Energy (DOE) and partial agreement from the Federal Energy Regulatory Commission (FERC) and is likely to be firmly sanctioned within the course of this year.

“We are pleased to be among the first movers in the export of shale gas from the US and to enter into a long term relationship with CPC and to contribute to the security of energy supply also in Asia,” Jean-Marie Dauger, Executive Vice-President of GDF Suez, in charge of Global Gas & LNG business line, said.

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