bp and OMV sign a 10-year LNG supply agreement

28 Jul bp and OMV sign a 10-year LNG supply agreement

London, 28 July, 2023, (Oilandgaspress) – bp and OMV today announced the signing of a long-term sale and purchase agreement (SPA) covering supply of up to 1 million tonnes of liquefied natural gas (LNG) per year for 10 years from 2026.

Under the terms of the agreement, bp will provide OMV with LNG from its diverse and global portfolio of LNG, which will be received and re-gasified through the Gate LNG terminal in Rotterdam, The Netherlands, where OMV holds regasification capacity, or other terminals in Europe.

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