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GAS; Statoil strikes major supply deal with EDF.(Electricite de France)(Brief Article)

Utility Week

| October 10, 2003 | COPYRIGHT 2003 Reed Business Information Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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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