Marubeni Corporation has reached agreement with GDF SUEZ (France) on participation in the offshore LNG receiving terminal project in Uruguay for providing the LNG receiving, storage and regasification service ('Project') which GDF SUEZ, through its affiliate International Power S.A. (Belgium, 'IPSA') has been developing, and has executed the Shareholders Agreement.

Through the company ('Holding Company') incorporated in Spain by Marubeni and IPSA on a 50/50 basis, Marubeni and IPSA participate in GNLS S.A. ('GNLS') incorporated in Uruguay as a wholly-owned subsidiary of the Holding Company.

Tags: Marubeni Corporation