Qatargas and BOTAŞ sign medium-term SPA
Qatargas today announced the signing of a medium term SPA with BOTAŞ. Qatargas will deliver 1.5 MTPA for three years. Commencing on 1 October 2017, volumes will be delivered from […]
Tag Archives: Contracts & Trade
S-Oil and Petronas sign 15-year SPA
South Korean petroleum and refinery company S-Oil Corporation has signed today a 15-year SPA with Petronas. Petronas has agreed to deliver 700,000 tons of LNG per year for the duration […]
JFTC contests destination clauses in LNG contracts
On June 28, 2017, Japan’s Fair Trade Commission released the results of the Survey on LNG Trades it conducted with LNG industry participants. The JFTC reviewed the necessity and the reasonableness of […]
Woodside signs long-term SPA with Pertamina
On June 6, 2017, Woodside announced it has entered into a long-term SPA with PT Pertamina (Persero) for the supply of LNG commencing in 2019. Woodside has committed to supply […]
LNG Imports reach 263.6 MT in 2016
In 2016, global LNG trade reached 263.6 MT, compared with 245.2 MT in 2015 (+18.4 MT). 18 countries exported LNG to 39 importing countries. 4 new countries joined the ranks […]
First Sabine Pass LNG into Japan
JERA announced that an LNG cargo produced in the US has arrived at Joetsu LNG Terminal of Chubu Electric Power Company today. This is the first import of contiguous US LNG […]
BP and PTT sign SPA
BP and PTT entered into a SPA for LNG. Under the agreement, BP will provide PTT with approximately 1mtpa of LNG. The term of the agreement is 20 years. LNG […]
Vopak and Exmar sign agreement on FSRU transaction
Following the announcement on 2 September 2016 that Vopak and Exmar had started exploratory discussions on floating LNG storage and regasification, both companies signed an agreement regarding the acquisition of […]
Total makes $207 million investment in Tellurian
Tellurian and Total announced today that Total will acquire approximately 23% of Tellurian at $5.85 per share for an amount of $207 million to develop an integrated gas project, from […]
Centrica signs a 5-year SPA with JERA
Centrica has signed a 5-year SPA with JERA. Under the terms of the SPA, which commences in April 2019, Centrica will purchase up to 6 cargoes per annum at the […]
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