Friday, July 27, 2007

Gaz de France First-Half Sales Fall 11 Percent on Drop in Heating Demand

(Bloomberg) -- Gaz de France SA's second-quarter sales
fell 7.3 percent as warm weather carried over from the winter and
reduced demand for heating. The company maintained its outlook for
this year.

Second-quarter sales at the company, the operator of Europe's
biggest natural-gas network, fell to 4.73 billion euros ($6.49
billion) from 5.1 billion euros a year earlier. The figure was
calculated by Bloomberg News by deducting first-quarter sales from
first-half sales, which the Paris-based company reported today.


Read more at Bloomberg Energy News

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