LNG

Aug 1 (LNGJ) - GDF-Suez of France said its global gas and LNG business posted second-quarter earnings of 1.03 billion euros ($1.37Bln), which it described as "almost organically stable" and reflected the strong LNG arbitrage activity in Europe and Asia and the commissioning of many natural gas fields in Europe. Among quarterly LNG highlights, the French company cited the signing of two 20-year LNG sales contracts for the US Cameron LNG project, one with Taiwanese energy company CPC for 800,000 tonnes per annum and the other for 300,000 tonnes a year with Japanese utility Tohoku Electric. In Uruguay, the company chartered the world's largest floating storage and regasification vessel currently on order to serve the South American country as an import terminal.