Gas deal signed with EDFT
Statoil has entered into an agreement with EDF Trading Limited (EDFT) to deliver 900 million cubic metres of gas over a two-year period. The delivery point will be the Zeebrugge Hub in Belgium.
The agreement will run from 1 January 2004 to 1 October 2005.
In April the group signed a sizeable contract with EDFT's parent company, Electricité de France Service National, to deliver one billion cubic metres of gas annually to the company over 15 years, commencing 1 October 2005.