Nederlandse Aardolie Maatschappij
Gas storage contract signed
Thursday 27 June 2002: Nederlandse Aardolie Maatschappij B.V.
and Duke Energy Europe Northwest B.V. are pleased to announce the
signing of a contract between both parties for the provision of
underground storage services in NAMs UGS situated at Grijpskerk,
The Netherlands.
Due to the nature of such services several months of negotiations
were necessary which were completed successfully with the signing
of NAMs standard gas storage agreement on the 20th of June. The
services will cover the period 1 April 2002 to 31 March 2003. At
the close of this period, both parties may negotiate an extension
to the storage agreement. For more information about the storage
services on offer please contact Wout Dillmann,+31-592-362612,
e-mail: wout.w.dillmann@epea.shell.com.
---