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BP signs long-term LNG deal with Zhejiang Energy
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BP signs long-term LNG deal with Zhejiang Energy
May 26, 2025 12:11 PM

May 22 (Reuters) - BP on Thursday said it has entered

into a long-term liquefied natural gas sale and purchase

agreement with Zhejiang Energy.

"Under the agreement, BP will provide Zhejiang Energy with

up to approximately 1 million ton per annum of LNG for over 10

years on a delivered ex-ship (des) basis," the company said in a

statement.

The statement added that the deal was signed between

Zhejiang Energy Natural Gas Trading Co Ltd and BP's Singapore

based entity BP Singapore Pte Limited, and was marked by a

signing ceremony on May 21.

(Reporting by Anushree Mukherjee in Bengaluru; Editing by Tom

Hogue

)

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