French beginning to open natural gas market

11/13/2006
Recent project announcements suggest that, however small the initial steps, France is finally moving toward liberalization of its natural gas market.The success of EdF Trading Ltd. in securing terminal capacity at Gaz de France’s LNG terminal at Montoir-de-Bretagne and proposals from several developers to build LNG import facilities at the Port of Bordeaux, Antifer, and Dunkirk are small but significant steps in opening Frence’s gas market (see table). Click here to enlarge imagenullAt MontoirLondon-based EdFT, a European wholesale trader of electricity, gas, and coal, announced in July 2006 that it had reserved one slot/month at GdF’s Montoire terminal for 2007. Contra...
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