French Engie Wins China LNG Tender

French Engie has won a tender to supply about 900mn m³ of natural gas to Beijing Gas Group over the winter. It will come in the shape of 10 LNG cargoes between November 2016 and February 2017, delivered at the Caofeidian terminal in northern China. LNG deliveries will notably involve floating storage in order to manage the winter peak shaving and flexibility needs of BGG, Engie said September 27.

"This deal further cements Engie and BGG’s relationship, following the maiden import of LNG supplied by Engie to BGG in 2015, and ensures the security of supply for this winter in Beijing," Engie said.

Engie said it was confident that co-operation between the two companies would continue to meet China’s growing energy needs while reducing the environmental impact. The two signed last year a strategic partnership covering training, infrastructure, energy efficiency and LNG. 

Engie has a fleet of 12 LNG carriers, including two floating storage and regasification units. it also owns and operates several LNG terminals around the world.

William Powell