RasGas (II), Distrigas ink LNG supply deal

March 2, 2005
RasGas (II) has signed an agreement to supply Distrigas SA, Brussels, with 2.05 million tonnes/year of LNG—equivalent to 2.75 billion cu m/year of natural gas—at the Zeebrugge, Belgium, LNG terminal for 20 years.

By OGJ editors

HOUSTON, Mar. 1 -- RasGas (II) has signed an agreement to supply Distrigas SA, Brussels, with 2.05 million tonnes/year of LNG—equivalent to 2.75 billion cu m/year of natural gas—at the Zeebrugge, Belgium, LNG terminal for 20 years. Shipments from Qatar's North field will begin in early 2007.

Distrigas said it plans to expand its Zeebrugge LNG terminal in 2008. Distrigas, part of the Suez Group, sells more than 23 billion cu m/year of natural gas, much of it outside of Belgium, its home market.

RasGas (II) is a joint venture of Qatar Petroleum 70% and ExxonMobil RasGas Inc. 30%. By 2011, the RasGas ventures, including RasGas (II), are expected to process and supply more than 36 million tonnes/year of LNG.