Sterling Resources同BGT签订天然气贸易及服务协议

Sterling Resources has announced the entrance into a gas sales agreement with British Gas Trading (‘BGT’), a subsidiary of Centrica.  The agreement provides for Sterling’s share of Breagh nominated gas volumes to be sold on a day ahead basis to the UK reference price at the National Balancing Point (‘NBP’).  The agreement is valid for a minimum two year period with gas made available to BGT commencing October 1 , 2016.  The agreement replaces the gas trading and services agreement with Vitol which expires on October 1, 2016 .’We are pleased to enter into this agreement with British Gas Trading who are a leading gas marketing company within the UK,’ commented John Rapach, CEO of Sterling Resources.  He added, ‘The agreement provides for a secure gas sales arrangement for the Company’s interest gas production from the Breagh Field over the next two years.’