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Mediterranean announces renewal of gas sales contract with Repower Italia SpA


Published Mar 19, 2014
Mediterranean Oil & Gas Plc-2

The Board of Mediterranean Oil & Gas Plc is pleased to announce that its subsidiary Medoilgas Italia SpA has signed a 'take and pay' gas sales contract with Repower Italia SpA (Repower) relating to the Company's entire net gas production from the Guendalina gas field and all of its onshore Italy gas fields for a further period of one year from 1 October 2014 until 30 September 2015.

Repower has purchased all of the Company's production from Guendalina since 1 April 2012 and its onshore Italy gas production since 1 October 2013.

Tags: Mediterranean Oil & Gas Plc




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