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Angola LNG and EDF Trading enter into a sales agreement

Angola LNG and EDF Trading enter into a sales agreement

Angola LNG Limited (“ALNG”) and EDF Trading Limited (“EDFT”), a wholly owned subsidiary of EDF S.A., would like to announce that they have entered into a flexible sales arrangement, for the delivery of liquefied natural gas (“LNG”) cargoes on an ex-ship basis (“DES”) from the ALNG plant in Soyo, Angola. The sales arrangement covers the delivery of multiple cargoes from 2016 through to 2018.

Soyo, Angola, 23rd March 2016

Commenting on the sales agreement Artur Pereira, CEO, Angola LNG Marketing said: “This marks an important milestone for Angola LNG as it re-enters the market. We look forward to working with EDF Trading.”

“We are looking forward to developing our relationship with Angola LNG”, said John Rittenhouse, Chief Executive, EDF Trading. “Through this agreement, we will be working closely with Angola LNG to optimise the LNG through the European wholesale market”, he continued.

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