GDF SUEZ ensures that its customers will be supplied for the 2013-2014 winter
According to information provided by GRTgaz regarding next winter, GDF SUEZ has confirmed that it has taken all measures to ensure a continuing supply for its customers in France for the 2013-2014 winter, even if there are extreme weather conditions (1-in-50-year event).
Supply continuity for our customers has always been an essential part of GDF SUEZ’s operational concerns.
Within this scope, GDF SUEZ as a natural gas supplier normally prepares an updated supply plan for its customers. This supply is based on various resources including long-term LNG and gas contracts, gas storage to cover winter demand, and purchases at gas trading hubs.
All of the resources contracted to date will enable the company to cover the projected peak demand of its French customers plus 2% for the 2013-2014 winter.
In particular, in-storage capacities established by GDF SUEZ exceed statutory requirements for such volumes. GDF SUEZ is also anticipating routing LNG to the Fos Tonkin, Fos Cavaou and Montoir terminals in volumes next winter equivalent to winter 2012-2013 winter.
Thus, the position of GDF SUEZ as a gas supplier for the 2013-2014 winter may differ from the overall gas situation to benefit infrastructure managers and public authorities.
GDF SUEZ develops its businesses around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, combating climate change and optimizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,900 people worldwide and achieved revenues of €90.7 billion in 2011. The Group is listed on the Brussels and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone, Vigeo World 120, Vigeo Europe 120 and Vigeo France 20.