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/
You might also like
The Hydrocarbon Engineering Podcast - Protecting against LNG pool fires
In this episode of the Hydrocarbon Engineering Podcast, Alec Cusick, Owens Corning Technical Lead, Technical Insulation, joins us to talk about the risks of LNG pool fires and methodologies to mitigate these risks.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.
