Gaz de France and Shell sign a long-term LNG supply agreement

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Paris, April 11, 2008 – Gaz de France and Shell have signed a long-term supply contract for an aggregate volume of 10 billion cu.m. of liquefied natural gas (LNG). The LNG will be delivered to European terminals in which Gaz de France possesses reception capacity. The deliveries will begin in 2014 at the latest.

Gaz de France and Shell have enjoyed a long-term relationship since the signature late 1960 of supply contracts with natural gas from deposits in the Netherlands and the Norwegian section of the North Sea.

Gaz de France is Europe's largest importer of LNG, and the 3rd largest importer worldwide. LNG supplies represented 31% of the Group's long-term resources in 2007 and Gaz de France intends to further develop and reinforce its positions in Europe regarding LNG supplies.

Following the signature of this contract, Jean-François Cirelli, Chairman and CEO of Gaz de France, made the following comment: “This new agreement, signed with one of our most important partners, reinforces the diversification of our sources of supply, and further consolidates our position as Europe's front-ranking importer of LNG.”

Group profile:
The Gaz de France Group is a major energy player in Europe. As the leading natural gas distributor in Europe, Gaz de France employs nearly 50,000 employees and earned €27 billion in sales in 2007. The Group holds a portfolio of some 14 million clients, approximately 11 million of which are in France. Gaz de France is listed on the Paris Stock Exchange and forms part of the CAC 40 and Dow Jones Stoxx 600 indices.

Press Contacts:
Christel des Royeries
Tél : +33 1 47 54 21 27
E-Mail : christel.des-royeries@gazdefrance.com