Southern China’s township gas distributor Guangzhou Development Group has agreed to buy liquefied natural gas from UK’s supermajor BP under a long-term take-or-pay contract.
Through its gas outfit Guangzhou Gas, Guangzhou Development will buy 650,000 tonnes per annum of LNG per from BP Singapore over a period of 15 years from 2022 to 2034.
Under the deal, Guangzhou Development via its gas outfit Guangzhou Gas will buy 650,000 tonnes per annum of LNG per from BP Singapore over a period of 15 years from 2022 to 2034.
