LFDE to supply gas to French town under deal with EDF's Dalkia
(Reuters) — Coal-bed methane producer La Francaise de l'Energie (LFDE) said on Thursday it had signed a partnership with EDF unit Dalkia to supply gas to the northern French town of Bethune.
Gas from former coal mines in France's industrial north will replace the imported gas currently used in the town, in a first for LFDE.
The 22-yr partnership comes into effect in 2021 and will represent annual revenue of more than 1 MM euros for LFDE, the company said in a statement.
"It's small... but it's a start, and behind that there is the validation of their strategy to focus on local networks," said a Paris-based analyst, adding that the company would seek to sign further contracts with larger towns.
LFDE already injects gas into France's network under an agreement with Total Gas & Power and converts it into electricity which is sold under an agreement with EDF.
Reporting by Alan Charlish; editing by Jason Neely
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At October’s HPI Forecast Breakfast for our sister publication, <i>Hydrocarbon Processing</i>, I shared <i>Gas Processing</i>’s forecast on change in the LNG industry.
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The shale gas boom established the US as the world’s leading natural gas producer and is responsible for billions of dollars of investments in the US gas processing industry. Since 2012, the US has witnessed unprecedented growth in new gas processing capacity and infrastructure. This rise is due to greater production of domestic shale gas, which is providing cheap, available feedstock to fuel the domestic gas processing, LNG and petrochemical industries. New gas processing projects include the construction of billions of cubic feet per day of new cryogenic and gas processing capacity, NGL fractionators, multi-billion-dollar pipeline infrastructure projects, and the development of millions of tons per year of new LNG export terminal construction. Attend this webcast to hear from Lee Nichols, Editor/Associate Publisher, Hydrocarbon Processing, Scott Allgood, Director-Data Services, Energy Web Atlas and Peregrine Bush, Senior Cartographic Editor, Petroleum Economist as they discuss the future of LNG and the application of Energy Web Atlas, a web-based GIS platform which allows users to track real-time information for every LNG project.
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