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Gazprom and Engie CEOs discussed long-term contracts and prospective projects

Russia and France have enjoyed over 45 years of mutually beneficial cooperation in the area of natural gas supply

Gazprom and Engie CEOs discussed long-term contracts and prospective projects

St.Petersburg, November 17 - Neftegaz.RU. The main partner of Gazprom Export in France is Engie (formerly Gaz de France, GDF Suez).
There are currently 5 major long-term contracts between Gazprom Export and Engie for the Russian gas supply to France.

A working meeting of Alexey Miller, Gazprom´s CEO, with Jean-Pierre Clamadieu, Chairman of the Board of Directors of Engie, and Catherine MacGregor, CEO of Engie, took place on November 16 via a conference call.

The parties noted that France ranks among Gazprom’s key markets in Europe.
Russia has been a reliable supplier of gas to France for as many as 45 years, with exports over this period surpassing 427 billion m3 in total.

The overall amount of gas supplied since the beginning of this year has exceeded 10 billion m3 – France ranks among the top 3 consumers of Gazprom's gas in the European Union.

The parties reviewed issues pertaining to the strategic cooperation between the companies underpinned by long-term contracts.
The 1st of these contracts, which were signed back in 1975, remain in effect to this day.

Engie owns the largest gas transmission network in Europe and is the biggest UGS facility operator in Europe in terms of capacities.
France's Engie is also one of 5 European energy companies that have lent financial support to Nord Stream 2.

Source : Neftegaz.RU


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