ENGIE : Cape Ann to provide FSRU services to Chinese…

ENGIE announces that it has renewed the regasification and storage services contract with Chinese energy group CNOOC for the coming winter season. This will be provided by the FSRU GDF SUEZ Cape Ann in the port of Tianjin.

The FSRU arrived in Tianjin fully loaded with LNG and started operations on 28 October. She will remain in the Chinese port until Spring 2018.

Cape Ann has previously provided similar services to CNOOC, from November 2013 to January 2017, as a contribution to both LNG and natural gas supply needs, mainly during winter period associated with peak demand.

In addition to the usual FSRU activities, Cape Ann will also transfer LNG into smaller on-shore tanks which are used by CNOOC for LNG trucking activity.

Philip Olivier, Head of ENGIE Global LNG, commented: 'We are especially pleased to continue this relationship with CNOOC, a long standing partner of ENGIE in the field of LNG. This new contract illustrates ENGIE's fast track capabilities to provide safe, reliable and flexible LNG importing solutions to meet the needs of our customers.'

ENGIE is committed to long term development of sustainable energy solutions in China. Leveraging on the Group's know-how and solutions, ENGIE in China aims at becoming a benchmark player in China's energy transition, developing decarbonated, decentralized and digitalized solutions. This ambition covers the areas of gas - including green gas -, renewable energy, green mobility and district cooling & heating networks, notably through long-term partnership with local companies.

About ENGIE

ENGIE is committed to take on the major challenges of the energy revolution, towards a world more decarbonised, decentralised and digitised. The Group aims at becoming the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energies, energy infrastructures and efficient solutions adapted to all its clients' needs (individuals, businesses, territories, etc.). The customers' satisfaction, innovation and digital are at the heart of ENGIE's development. ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance)