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EDF Trading and Angola LNG enter flexible LNG sales agreement

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LNG Industry,

EDF Trading has released a statement claiming that it has entered into a flexible sales arrangement with Angola LNG Ltd (ALNG) for the delivery of LNG cargoes from the ALNG plant in Soyo, Angola. The cargoes will be delivered on an ex-ship basis, and the sales arrangement will cover multiple cargo deliveries from 2016 to 2018.

Artur Pereira, the 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.”

John Rittenhouse, the Chief Executive of EDF Trading, added: “We are looking forward to developing our relationship with Angola LNG.

“Through this agreement, we will be working closely with Angola LNG to optimise the LNG through the European wholesale market.”

Edited from press release by David Rowlands

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