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Gas Natural Fenosa Unloads In Reganosa First Ship Of 37 That Will Arrive Annually With LNG Of Yamal

Gas Natural Fenosa unloads in Reganosa first ship of 37 that will arrive annually with LNG of Yamal

Gas Natural Fenosa Unloads In Reganosa First Ship Of 37 That Will Arrive Annually With LNG Of YamalSource: Autoridad Portuaria de Ferrol – San Cibrao

Ferrol, Spain (PortSEurope) June 22, 2018 – The vessel Fedor Litke has arrived at Ferrol port, Galicia, Spain, carrying 172,600 m³ of liquefied natural gas (LNG) and unloaded at Reganosa’s Mugardesa terminal, the first operation of this type carried out in Spain from Russia by Gas Natural Fenosa.

“It is a relevant fact that the Russian gas arrives in Spain and something that we have pursued for a long time. Now thanks to LNG we have achieved it. It is part of a contract that was negotiated over the last five years, and which is also strategic for security of supply. Together with a recent Algerian contract, it allows us to continue in line with securing supplies, “said José María Egea, General Director of Energy Planning at Gas Natural Fenosa.

The company’s CEO, Francisco Reynés, said that this is the first long-term contract for LNG from Russia for the continent. He also stressed that this new relationship “reaffirms the position of our company as the largest LNG operator in the Atlantic”.

The load would be enough to cover the gas consumption in Madrid for a month. The forecast is to receive in Spain 37 ships per year from Yamal.

An event to celebrate the ship’s arrival in Reganosa was attended by Russian ambassador to Spain, Yuri Korchagin, the delegate of the Government of Russia for economic and commercial affairs, Galina Kurochkina, and Andrey Popov, director of Business Development of the company Novatek, majority shareholder of Yamal LNG, in which France’s Total SA andChina National Oil and Gas Exploration and Development Corporation and the Silk Road Fund, have stakes.

The Russian ambassador called the arrival of the ship to Spain a “historical milestone”, as it opens a route for the supply of gas on a regular basis. “It is a great event that helps strengthen the EU’s energy security,” he said.

Reganosa’s  Mugardos terminal, at Ferrol port, started operations in November 2007. It provides the system with a natural gas capacity of 3.6 bcm (billion m³) per year of natural gas (14% of the Spanish natural gas demand for 2014).

Gas Natural SDG SA, trading as Gas Natural Fenosa, is a Spanish natural gas and electrical energy utilities company.

AO NOVATEK is one of the largest independent natural gas producers in Russia.

Source: La Voz de Galicia

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