LNG

July 29 (LNGJ) - UK major BP said second-quarter underlying replacement cost profit was $3.6 billion, 34 percent higher than the same period a year ago. "We are continuing to ramp up the major new projects that drive delivery of cash flow and are also now seeing benefits from our focus on operating with greater reliability and efficiency," said Chief Executive Bob Dudley. BP said among quarterly highlights was the signing of an LNG supply deal with China National Offshore Oil Corp. for 1.5 million tonnes a year over 20 years starting in 2019.