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bp-signs-third-lng-offtake-contract-with-woodfibre-lng
bp-signs-third-lng-offtake-contract-with-woodfibre-lng

bp signs third LNG offtake contract with Woodfibre LNG

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All the liquefied natural gas (LNG) produced at the Woodfibre LNG export facility in British Columbia is committed for sale to the oil and gas company bp.

The UK-based firm has signed its third long-term LNG contract with the Canadian LNG site.

Under the terms of the latest contract, bp will receive an additional 0.45 million tonnes of LNG annually for a 15-year period on a free-on-board (FOB) basis.

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