Skip to main content

BP and KOGAS sign long-term LNG SPA

Published by , Editorial Assistant
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/

You might also like

Enerflex and BASF to collaborate in CCUS applications

Enerflex Ltd. (Enerflex) and BASF have entered into a Memorandum of Understanding (MoU) to jointly facilitate the commercial scale deployment of carbon capture, utilisation and storage (CCUS) applications.

 
 

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


 

This article has been tagged under the following:

Downstream news BP news Downstream contract news