British Gas Trading Ltd News

Statoil Receives Contract

Statoil and British Gas Trading Ltd, a wholly owned subsidiary of Centrica, have signed a gas sales contract for supplies of five billion cubic metres of natural gas per year. Supplies will start on October 1, 2005 and run for 10 years. This is Statoil's largest sale since the Troll gas sales agreement in 1986 on the basis of annual volumes. The contract reinforces Statoil's position as the largest importer of gas to the UK. managing director of Statoil UK. increase the supply of gas to meet the UK's growing energy needs. supply. supplies of 1.6 bcm per year over fifteen years. "Statoil looks forward to cooperating with British Gas Trading. market, increases Statoil's commercial opportunities. market segment where we are not active. concludes Mr Bjørnson.