OFF-TAKE AGREEMENT

ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30339807

x

OFF-TAKE AGREEMENT

Corporate February 28, 2018 01:00

By The Nation

PTT Exploration and Production Plc (PTTEP) has announced that Mozambique LNG1 Co Pte Ltd, the jointly-owned sales entity of PTTEP and other partners of Mozambique Rovuma Offshore Area 1 project, had entered into a long-term LNG Sale and Purchase Agreement (SPA) with Electricity de France, S.A. (EDF), an integrated electricity company headquartered in France.

The off-take agreement calls for the supply of 1.2 million tonnes per annum (MTPA) for a term of 15 years.

“PTTEP endeavors to expedite the development of the Mozambique Rovuma Offshore Area 1 as one of the world’s leading greenfield projects, to increase our petroleum reserves in the future,” said Phongsthorn Thavisin, President for Exploration and Production of PTTEP.

Leave a comment