PNG LNG signs BP SPA

THE PNG LNG project in Papua New Guinea has signed a midterm LNG sale and purchase agreement with BP Singapore, partners Oil Search and Santos said today.

PNG LNG signs BP SPA PNG LNG signs BP SPA PNG LNG signs BP SPA PNG LNG signs BP SPA PNG LNG signs BP SPA
 
The LNG supply contract will begin this month and is for 450,000 tonnes of the commodity a year for the three years, rising to 900,000tpa for the remaining two years.