Fos Cavaou LNG terminal in France delayed

Oct. 16, 2007
Societe du Terminal Methanier de Fos Cavaou has informed France's Energy Regulatory Commission of a major delay in work being carried out to bring its Fos Cavaou LNG terminal on stream in April 2008.

Doris Leblond
OGJ Correspondent

PARIS, Oct. 16 -- Societe du Terminal Methanier de Fos Cavaou (STMFC) has informed France's Energy Regulatory Commission (CRE) of a major delay in work being carried out to bring its Fos Cavaou LNG terminal in southeastern France on stream in April 2008. STMFC will operate the terminal on behalf of owners, Gaz de France 69.7% and Total SA 30.3% (OGJ, June 11, 2007, Newsletter).

CRE, in turn, announced it would postpone new tariff propositions for LNG terminal users, which originally had been scheduled for the end of October.

As matters now stand, CRE is unable to propose new tariffs because the current ones for the existing Fos Tonkin and Montoir-de-Bretagne terminals had been designed to apply only until Fos Cavaou came on stream.

Gaz de France told OGJ that, at this stage, it is unable to indicate when Fos Cavaou will become operational.