Latest Breaking News On - Pacific oil gas limited - Page 1 : comparemela.com
PO&G will rebrand its operations
lngindustry.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lngindustry.com Daily Mail and Mail on Sunday newspapers.
- Woodfibre LNG signs second sales
euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
Advertisement
Woodfibre LNG has taken another step toward shipping some of the world s cleanest LNG to Asian markets, where it can offset coal and displace millions of tonnes of greenhouse gas every year.
Pacific Oil & Gas Limited s (PO&G) wholly-owned subsidiary, Woodfibre LNG, has signed a second LNG Sales and Purchase Agreement (SPA) with BP Gas Marketing Limited (BPGM), a wholly-owned indirect subsidiary of BP Plc, for the delivery of LNG from PO&G s Woodfibre LNG export facility near Squamish, British Columbia. Under the terms of the SPA, BPGM will receive 0.75 million tpy of LNG over 15 years on a free on board (FOB) basis. This latest SPA will increase BPGM s total LNG off-take to 1.5 million tpy, over 70% of Woodfibre LNG s future annual production.