Pierre Raoul

Senior Origination Manager (London)

What message would you like to give potential customers?

We are perfect for an LNG partnership and can provide risk management through hedging and market access. We also offer assistance in the extraction of additional value from supply flexibilities through financial derivatives, without interfering in the physical side of the LNG chain.

EDF Trading has never left the LNG market. Present since 2006, with our first physical supply via Qatar at Zeebrugge in 2019 when the JERAGM EDFT JV was successfully created. Derivatives are now the largest part of our gas/LNG focus but we remain very much present.

Our expertise goes well beyond the liquid horizon and vanilla financial swaps into complex derivative structures.

Within the LNG market, what gives EDF Trading a competitive edge?

We have a global energy presence trading gas, power, oil and LPG with local physical offices in Europe, Asia and the US. We are one of the largest European natural gas platforms and a top three market marker in Europe, with the ability and appetite to warehouse risk.

Our customer groups are also very broad and wide-ranging. We have JERA together with third parties that account for more than half of the volumes traded. We manage all LNG flows arriving at Dunkerque to the hub on behalf of EDF, as well as our own Qatari supply in Zeebrugge to the hub. Our expertise goes well beyond the liquid horizon and vanilla financial swaps into more complex derivative structures to optimise LNG contract flexibility; including cross commodities, geographical and volumetric.