LNG

French major TotalEnergies has signed an agreement to acquire all of Malaysian independent gas producer and operator Sapura-OMV Upstream, a Malaysian-Austrian joint venture and some of whose feed-gas assets are delivered to the Bintulu LNG plant.

July 28 (LNGJ) - UK major BP and Austrian energy company OMV have signed a long-term sale and purchase agreement covering supply of up to 1 million tonnes of liquefied natural gas per annum to the land-locked Austrians 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 regasified through the Gate LNG terminal in Rotterdam in the Netherlands, where OMV holds regasification capacity, or other terminals in Europe,” BP said.