BP signs LNG deal with China’s Foran Energy

UK-based energy giant BP has signed a liquefied natural gas supply deal with Chinese city gas supplier Foran Energy.

Foran and BP’s Chinese unit signed the deal via a video conference on April 17.

Under the agreement, BP will be supplying up to 600,000 tonnes of LNG per year to China’s Guangdong province, Foran said in a statement.

The Chinese company did not provide any additional details regarding the deal.

BP and Foran are both shareholders in China’s first LNG import terminal, Guangdong Dapeng.

The duo has been cooperating for more than 14 years, the statement said.

Most Popular

India’s ONGC approves Mozambique LNG investment

India’s state-run ONGC has approved an investment by its unit, ONGC Videsh, into the TotalEnergies-led Mozambique LNG joint venture, which is developing a 12.8 mtpa liquefaction plant at the Afungi complex.

Australia’s Viva Energy seeks FSRU for Geelong project

Australia’s Viva Energy is looking to secure a floating storage and regasification Unit (FSRU) for its proposed LNG import terminal in Geelong, Australia.

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

More News Like This

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.

Argentina’s Enarsa gets offers for LNG cargo tender

Argentina's state-owned LNG importer Energia Argentina (Enarsa) has received seven offers for its first LNG cargo tender in 2025.

Shell CEO expects progress on Venture Global arbitration this year

Shell’s CEO Wael Sawan expects to have an update on an arbitration dispute with US LNG exporter Venture Global LNG later this year.

BP exercises option to terminate charter deal for Seapeak LNG carrier

A unit of UK-based energy giant BP has exercised its option to terminate the existing charter deal for one of Seapeak's liquefied natural gas (LNG) carriers.