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BG Group Signs Heads of Agreement for Domestic Gas Sales in Trinidad and Tobago.

Publication: M2 Presswire
Publication Date: 04-JAN-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-4 January 2007-BG Group plc: BG Group Signs Heads of Agreement for Domestic Gas Sales in Trinidad and Tobago(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:04012007

BG Group plc, and its partner Chevron, today announced that they have entered into Heads of Agreement (HoA) with The National Gas Company of Trinidad and Tobago Limited (NGC) for the supply of 220 million standard cubic feet of natural gas per day (mmscf/d) for a term of up to 15 years with initial deliveries beginning on 1 January 2009.

The gas will be delivered to NGC for use in the Trinidad and Tobago domestic natural gas market. A fully termed gas sales agreement is expected to be finalised in 2007.

Martin Houston, BG Executive Vice...

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