BP in milestone China LNG delivery

UK-based energy giant BP said Monday it started to directly supply customers in China with regasified LNG that it has imported into the country.

This is the first time that BP has created a fully integrated gas value chain into China, directly connecting upstream resources, transportation and trading with downstream gas customers, it said.

Moreover, the first cargo of gas delivered under BP’s new terminal usage agreement at the Guangdong Dapeng LNG (GDLNG) import terminal in Shenzhen, Guangdong, arrived on January 24.

Under the agreement, the energy firm has 600,000 tonnes a year tolling regasification capacity at GDLNG. BP also has a 30 percent share in the LNG terminal.

In addition to the milestone delivery, the first LNG truck fleet from the Shenzhen Dapeng LNG Marketing Company also completed its inaugural journey, BP said.

To remind, BP signed last year gas supply agreements with ENN Group and Foran Energy, both in Guangdong.

BP will supply each with 300,000 tonnes per year of pipeline gas, re-gasified from LNG, for two years from 2021.

China is currently the world’s second-largest LNG importer, behind Japan. The country has announced it aims for peak carbon dioxide emissions before 2030 and to become carbon neutral by 2060.

Most Popular

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

NextDecade, Jera seal 20-year LNG SPA

Japan's Jera has signed a 20-year deal to buy liquefied natural gas from the planned fifth train at NextDecade's Rio Grande LNG facility in Texas.

US weekly LNG exports reach 29 cargoes

US liquefied natural gas (LNG) plants shipped 29 cargoes during the week ending May 28. According to the Energy Information Administration, pipeline deliveries to the LNG terminals remained unchanged compared to the prior week.

More News Like This

BP inks LNG SPA with China’s Zhejiang Energy

UK-based energy giant BP has signed a long-term liquefied natural gas (LNG) supply deal with China's Zhejiang Energy.

BP ships second Tortue LNG cargo

UK-based energy giant BP and its partners have sent the second LNG cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.

China to receive first Tortue LNG cargo

China is expected to receive the first LNG cargo produced at the BP-operated Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.

Oceaneering clinches GTA gig

Houston-based Oceaneering International has secured a multi-year contract from a unit of UK-based energy giant BP to provide services in the Greater Tortue Ahmeyim field, located offshore Mauritania and Senegal.