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GAS; Statoil strikes major supply deal with EDF.(Electricite de France)(Brief Article)
Norway's Statoil has entered into a major gas supply deal with French state-owned energy giant Electricite de France (EDF).
Under the agreement, Statoil will deliver 0.9 billion cubic metresof gas over a two-year contract period.
The Statoil/EDF agreement will run from 1 January 2004 to 1 October 2005.
Statoil declined to put a value on the deal but it described the price agreed with EDF as 'highly competitive'. The delivery point will be the Zeebrugge hub ...
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