John McKay

The UK is set to overtake France in LNG regasification capacity before the end of the year as two new import terminals open on schedule, while a new French terminal project has been beset by hold-ups that have led to its inauguration being delayed by eight months.

Europe’s three newest terminals will boost regasification capacity by almost 19 million tonnes per annum and increase Atlantic Basin competition for cargo diversions between France and the UK on the one hand, and Europe and the US on the other.

The Fos Cavaou terminal, being developed by Gaz de France and French energy major Total, is located at Fas Cavaou in the Autonomous Port of Marseilles, and was originally scheduled to be in commercial operation by just after mid-2007.

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Last modified on Friday, 25 May 2007 17:32