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February 18, 2020
Galp signs 10-year LNG SPA with Nigeria LNG
Nigeria LNG and Galp Trading have signed an LNG SPA for some of the remarketed volumes from NLNG’s Trains 1, 2 and 3. The agreement is for the supply of 1 MTPA of LNG for a 10-year term on a DES basis.
Edited from Nigeria LNG press release
February 12, 2020
BP signs 20-year LNG SPA with Greater Tortue
Kosmos Energy announced that the company and its partners have signed an SPA with BP Gas Marketing. The SPA is for 2.45 MTPA of LNG from Phase 1 of the Greater Tortue Ahmeyim project for an initial term of up to 20 years. Partners in the project, located offshore Mauritania and Senegal, include SMHPM, Petrosen, BP, and Kosmos.
Edited from Kosmos Energy press release
February 10, 2020
New Fortress Energy signs long-term LNG SPA
New Fortress Energy announced that it has signed a long-term supply agreement for the purchase of 27.5 million MMBtu per annum of LNG, or approximately 8 cargoes a year, at a price indexed to Henry Hub through January 2030.
Edited from New Fortress Energy press release
February 10, 2020
Qatargas and Shell sign long term SPA to supply LNG to Kuwait
Qatargas announced the signing of a new, long term LNG SPA with Shell to deliver 1 MTPA of LNG to the State of Kuwait, commencing this year. The SPA provides for the supply of LNG from Qatargas 4, a joint venture between Qatar Petroleum (70%) and Shell (30%).
Edited from Qatargas Nafta press release
February 6, 2020
Total sells its interest in the Fos Cavaou to Elengy
Total has divested its 27.5% interest in Fosmax LNG, operator of the Fos Cavaou LNG terminal to Elengy, Fosmax LNG’s shareholder with a 72.5% stake. Total retains its regasification capacity of around 5.5 MTPA at the terminal, equivalent to some 90% of its overall capacity.
Edited from Total press release