ENGIE, formerly GDF Suez, has entered into its first retail LNG sales contract in the UK with FLOGAS Britain, one of the largest alternative energy solutions providers to industrial customers in the UK. The Group’s ambition is to develop the retail LNG market, which includes LNG aimed at customers that are not connected to the grid as well as LNG fuel for ships and lorries.
ENGIE says the sector has extremely promising prospects for the future: it could represent about 20% of the overall LNG market in 2030, corresponding to 75 to 95 million tonnes per year, making it a significant market for LNG in Europe and around the world.
Over a period of 18 months, ENGIE will deliver 8,000 tonnes of LNG to FLOGAS Britain from Isle of Grain terminal (South-East coast of the UK). In total, 400 Flogas Britain trailers will be loaded to supply industrial companies that are not connected to the natural gas grid. Operations will start in the next few weeks.