Reabold Resources (GB:RBD) has released an update.
Reabold Resources is advancing its LNG project in Italy with a new Heads of Agreement, under which Gunvor will buy LNG from LNEnergy’s facility at Colle Santo. The deal is set for a minimum five-year term with a potential upfront payment for early deliveries, marking a significant step towards energy security in Europe. Negotiations for a definitive LNG sale and purchase agreement are expected to conclude within six months.
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