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LNG Operations
GDF SUEZ Gas NA (GSGNA) is the business unit of GDF SUEZ Energy North America responsible for managing the company's natural gas and liquefied natural gas (LNG) activities in North America.
A leading importer of liquefied natural gas (LNG) in the U.S. today, GDF SUEZ has a proven history of innovation. More than three decades ago, the management of our subsidiary, Distrigas of Massachusetts LLC, saw the future in LNG, a fuel that many in the energy industry summarily dismissed at the time. Since receiving our first shipment in November 1971, we’ve been a driving force in the adoption of this safe, clean-burning fuel throughout parts of North America. In the 1970s, we employed LNG to mitigate New England’s regional energy crisis. In 2000, we introduced LNG to Puerto Rico. And today, as the demand for LNG as a clean fuel source increases, we are building on our reputation for developing innovative, flexible solutions that readily meet the energy needs of a growing and diverse customer base.
The company currently draws LNG from Trinidad, an ideal location in relative proximity to North American markets with proven reserves in excess of 20 trillion cubic feet.
To learn more about the benefits and safety of LNG, you can view this short video (137MB MPEG Video).
GDF SUEZ Gas NA's subsidiary Distrigas of Massachusetts owns and operates the longest-operating LNG import facility in the United States. The company’s terminal in Everett, Massachusetts, plays a critical role in meeting New England’s energy needs. The Everett Terminal currently meets approximately 20 percent of New England’s annual natural gas demand, and in December 2010, was the first U.S. LNG terminal to achieve the milestone of receiving 1,000 LNG cargoes. With connections into two interstate pipeline systems, as well as into a local distribution company’s system, the Everett Terminal serves nearly all of the gas utilities in the region and key power producers, including a neighboring 1,550-megawatt power plant able to generate enough electricity for approximately 1.5 million homes in Greater Boston.
In addition, because New England lacks underground natural gas storage, the Everett Terminal supplies LNG via truck to a network of 46 local, customer-owned LNG storage tanks around the region. In combination, the LNG from the Everett Terminal and these facilities is capable of meeting about 35 percent of the region’s gas demand on very cold winter days.
Outside of New England, GDF SUEZ Gas NA today is also the primary supplier of LNG to Puerto Rico.
Meanwhile, GDF SUEZ Gas NA has completed construction on the Neptune project, a deepwater port for LNG deliveries in federal waters off the coast of Massachusetts. You can watch a short video about this exciting project here (75MB MPEG Video).
GDF SUEZ Gas NA serves approximately 40 customers with a variety of energy-related products and services to help meet their specific sales and delivery requirements. Customers can receive natural gas from the company in vapor or liquid form, or a combination of both, on a daily, weekly, seasonal, year-round, or multi-year basis. In addition, the company can link the price of its natural gas to a variety of indexes: the customer’s utility rates, oil prices, the Consumer Price Index – whatever best fits a customer’s budget and planning requirements.
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