GDF Suez inks deals
Source: Agencies |
November 1, 2011, Tuesday
|
Print Edition
Print Edition
FRENCH power and gas company GDF Suez has formed an alliance with Chinese sovereign wealth fund China Investment Corp and signed a deal with state-owned energy company CNOOC to bolster its presence in China and Asia-Pacific.
As part of the first deal, CIC will take a 2.3-billion-euro (US$3.2 billion) minority stake in GDF Suez's exploration and production unit as well as a 10 percent stake in a liquid natural gas plant in the Caribbean.
GDF Suez also signed an LNG agreement with CNOOC to provide a vessel that will be used as a floating storage and regasification unit in China.
As part of the first deal, CIC will take a 2.3-billion-euro (US$3.2 billion) minority stake in GDF Suez's exploration and production unit as well as a 10 percent stake in a liquid natural gas plant in the Caribbean.
GDF Suez also signed an LNG agreement with CNOOC to provide a vessel that will be used as a floating storage and regasification unit in China.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
