Venture Global Enters Into SPA with BP
Posted on May 25, 2018 in Liquefaction, LNG Exports, Markets and Competition | Comments Off on Venture Global Enters Into SPA with BP
Venture Global Calcasieu Pass, LLC has announced that it has entered into a 20-year Sales and Purchase Agreement (SPA) with BP for the supply of two million tonnes per annum of LNG from the Venture Global Calcasieu Pass LNG export facility, currently under development in Cameron Parish, La. Under the SPA, BP will purchase LNG on a free on board basis (FOB) for a 20-year term starting from the commercial operation date of the Venture Global Calcasieu Pass LNG export facility, currently expected in 2022.