Predator Oil & Gas Holdings Plc has signed a Memorandum of Understanding (MOU) with Afriquia Gaz S.A. for gas sales and collaboration agreements. The MOU grants Afriquia Gaz exclusivity for one year to negotiate a legally binding gas sales agreement with Predator. The agreement will involve the purchase of compressed natural gas (CNG) at the point of delivery to CNG trailers, with Predator funding and operating the CNG development and production facilities. The gas sales agreement is expected to include take-or-pay provisions, fixed-term contracts, and an agreed purchase price for 8 to 10 years. The agreement has the potential to increase gas sales to up to 50 million cubic feet per day. The MOU allows Predator to focus on its core upstream strengths and penetrate the downstream Moroccan industrial market.