The success of Grain LNG’s terminal is underpinned by its long-term contracts with its customers. All primary capacity at the terminal has been auctioned through open season processes and is fully contracted. National Grid’s first customers, BP/Sonatrach, were awarded a 20-year contract for 3.3 million tonnes of LNG throughput capacity per annum.
With the increase in capacity to 14.8 million tonnes, additional contracts were awarded, again on a long-term basis, to Centrica, GDF SUEZ (now Total) and Sonatrach, from December 2008 and to E.ON, Iberdrola and Centrica from December 2010. Iberdrola sold their capacity to Pavilion Energy effective from January 2020.