MOG extends Repower gas sales contract

Gas sales: MOG has renewed its GSA with Repower for another 12 months

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Josh Lewis

 21 March 2013 07:43 GMT

UK-listed Mediterranean Oil & Gas (MOG) has renewed a gas sales contract with gas distributor Repower Italia.

The renewal will see Repower take MOG's entire net gas production from the Guendalina gas field for a further year, from 1 October 2013 until 30 September 2014.

MOG's existing contract with Repower has run since 1 April last year, but it noted that the new contract included an option for it to sell all or part of its onshore Italy gas production that is connected to the Italian gas distribution network to Repower at the same 'take and pay' terms.

About 75% of MOG's onshore Italian gas production is currently…

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