BP and KOGAS sign long-term LNG SPA
Published by Poppy Clements,
Assistant Editor
Hydrocarbon Engineering,
BP has entered into a long-term LNG sale and purchase agreement (SPA) with Korea Gas Corp. (KOGAS).
Under the agreement, BP will provide KOGAS with up to 9.8 million t of LNG over 11 years on a delivered ex-ship (DES) basis from BP’s diverse portfolio of LNG sources. This deal is in addition to the existing long-term SPA between BP and KOGAS for DES supply of LNG that was signed in 2022.
Deliveries will commence in mid-2026. The deal was signed between KOGAS and BP’s Singapore-based entity, BP Singapore Pte. Ltd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/30042024/bp-and-kogas-sign-long-term-lng-spa/
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