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Sinochem News reported on April 23 that the Korea Gas Corporation (KOGAS) and British oil and gas company bp signed a long-term contract to purchase U.
The agreement is an 18-year Henry Hub LNG sales and purchase agreement
Under the SPA deal, BP Singapore will deliver 1.
The contract is the result of an international liquefied natural gas (LNG) tender conducted by KOGAS in 2018 to secure competitive liquefied natural gas (LNG) volumes
In addition, this is the first long-term contract between KOGAS and bp, which is a catalyst for strengthening the cooperation between the two companies
Earlier this month, the South Korean company also struck a deal with U.