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.

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