Skip to main content

Freeport LNG inks SPA with Trafigura

Published by
Hydrocarbon Engineering,


Freeport LNG Marketing LLC has entered into a binding mid-term sales and purchase agreement (SPA) with Trafigura Pte Ltd for 0.5 million tpy to be supplied from its natural gas liquefaction and LNG loading facility on Quintana Island near Freeport, Texas, US. The SPA with Trafigura will commence on 1 July 2020, soon after the expected completion of construction of the third liquefaction train.

Freeport LNG inks SPA with Trafigura

"We welcome Trafigura's more than 25 years of global commodity trading experience to Freeport LNG's expanding operations. We view this as the start of a long-term relationship that will be key in growing our future business," said Michael S. Smith, Chief Executive Officer, Freeport LNG.

"Trafigura puts the security of supply for its customers at the heart of our LNG strategy. We view this agreement as a further proof of our commitment to this and are proud to count Freeport LNG as our partner," said Hadi Hallouche Head of Oil Asia at Trafigura.

Image courtesy of Freeport LNG Development, L.P.

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/27062018/freeport-lng-inks-spa-with-trafigura/

You might also like

 

bp and Sabic sign circular economy agreement

bp and SABIC have signed a new agreement to work together to drive circular economy in the petrochemical activities at the Gelsenkirchen chemical complex in Germany.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Downstream news