bp and Zhejiang Energy sign long-term LNG SPA
bp has entered into a long-term LNG sale and purchase agreement with Zhejiang Energy.
Under the agreement, bp will provide Zhejiang Energy with up to approxi-mately 1 million tpy of LNG for over 10 years on a delivered ex-ship (DES) basis from bp’s diverse portfolio of LNG sources.
The deal was signed between Zhejiang Energy Natural Gas Trading Co., Ltd and bp’s Singapore-based entity BP Singapore Pte. Ltd, and was marked by a signing ceremony on 21 May 2025.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22052025/bp-and-zhejiang-energy-sign-long-term-lng-spa/
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