EDF confirms its investment in Dunkirk methane terminal project

abarrelfullabarrelfull wrote on 04 May 2011 05:25
Tags: edf france lng total

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EDF, via its subsidiary Dunkerque LNG, has confirmed its investment in the Dunkirk methane terminal project, at the Le Clipon site in Loon-Plage. The announcement follows the decision by the Grand Port Maritime de Dunkerque (Dunkirk port) to approve the project in May 2010.

The Dunkirk methane terminal, expected to come into service by the end of 2015, will have an annual regasification capacity of 13 billion m3 of gas (Gm3) boosting France's capacity to import natural gas by 20%.

The new terminal will give EDF a balanced and diverse portfolio of sources for the supply of natural gas, allowing the Group to better meet the needs of its final customers with dual energy offerings (electricity + gas) and optimizing supplies to its gas-fired power stations. The facility is strategically located to serve all the markets of North-West Europe.

Within the Dunkirk region the project will have a formative impact on employment, recruiting up to 1850 people during construction work on the terminal between 2012 and 2015. Once in operation, the facility will create around 250 jobs in either direct operation of the terminal or other port professions.

Total investment in this national and European scale project will be € 1.5 billion. Three project managers will be jointly responsible for carrying out the project: the Grand Port Maritime de Dunkerque will build the port infrastructure, EDF the industrial installations and GRTgaz the connections to the gas transport network.

EDF will be in partnership with several European gas companies in this project. These will now be invited to confirm their participation, following EDF's commitment. EDF will submit the detailed project to its Board of Directors in the near future.

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