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Independent Oil & Gas sign gas sales agreement with BP


Published Feb 25, 2014
Independent Oil and Gas plc

Independent Oil and Gas plc has entered into a gas sales agreement with BP Gas Marketing Ltd, a wholly owned subsidiary of BP plc for its 50% share of the gas produced from the forthcoming Blythe gas field development in the Southern North Sea.

Blythe gas is expected to be sold at Bacton on a day ahead basis, which is standard for gas that meets normal system entry requirements.

The short term target for Blythe is to submit the Field Development Plan in Q3 this year. More details regarding the development schedule will follow in due course.

Tags: BP PLC, Independent Oil and Gas plc




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