S Korea’s Kogas to import 1.58 mil mt/year US-produced LNG from BP

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South Korea’s state-run Korea Gas Corp. will import 1.58 million mt/year of LNG from BP for up to 18 years from 2025 under a new long-term deal as its existing purchase contracts are set to expire, the company said April 22. The sales and purchase agreement with BP Singapore Limited follows a heads of agreement between the two sides that…