Seeking Alpha

E.ON strikes three-year gas deal with Qatar

E.ON (EONGY) says it reached agreement on deliveries of liquefied natural gas from Qatar for three years, part of its effort to diversify its gas sources from its dominant suppliers Russia and Norway.

The agreement with RasGas is E.ON's third LNG deal in about a year and the second with Qatar in just eight months.

The LNG will be delivered to the regasification terminal on the U.K.'s Isle of Grain, where E.ON has booked capacities; financial details are not disclosed.

Comments (1)
  • semperexpat
    , contributor
    Comments (7) | Send Message
    Of course if Mrs Merkal's govt repealed the embargo on nuclear power stations imposed after the disaster in Japan, then EOn and RWE would jump.
    29 May 2014, 10:20 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs