ウォーカーヒルカジノ Enters into LNG Sales and Purchase Agreement with Centrica2016/12/13

マリオrpgカジノ ("JERA") is delighted to announce that it has entered into a Sales and Purchase Agreement ("SPA") with Centrica LNG Company Limited ("Centrica"), a wholly owned subsidiary of Centrica PLC, for the sale of LNG by JERA to Centrica.

The SPA is for the sale of up to six cargoes per annum to Centrica at the Isle of Grain LNG Terminal in the U.K. for a period of five years from April 2019. The price of LNG sold will be linked to European gas market price and there is volume flexibility at ウォーカーヒルカジノ's discretion.

The SPA enables ウォーカーヒルカジノ to secure flexibility to respond to LNG demand fluctuations. ウォーカーヒルカジノ will work together with Centrica to optimize the SPA volume, which is in line with the development of ウォーカーヒルカジノ’s LNG trading business.

The SPA is the result of discussions based on a Memorandum of Understanding with Centrica on collaboration in the LNG business, in such areas as utilization of LNG terminal capacity in the U.K., joint procurement of LNG and optimization of LNG vessels.

ウォーカーヒルカジノ will continue to secure flexibility in its LNG procurement, aiming to reduce the LNG price in Asia.

Outline of the SPA

Seller: マリオrpgカジノ

Buyer: Centrica LNG Company Limited

Contract period: 5 years

Contract volume: Up to 6 cargoes per year (approx. 0.5 million tons per year)

Delivery mode: DES