BP and Gazprom Marketing & Trading, the UK subsidiary of energy giant OAO Gazprom, announced today that they had reached an agreement for BP to supply a number of liquefied natural gas (LNG) cargoes which Gazprom Marketing & Trading will market in the Atlantic Basin.
The cargoes, which will be sourced from within BP’s portfolio, will be supplied over the period 2006 and early 2007 and transported in LNG ships chartered by BP to Gazprom Marketing & Trading. Gazprom Marketing & Trading will specify the delivery points in accordance with its marketing needs.
The first cargo of 135,000m3 was loaded today on the British Merchant at Point Fortin, Trinidad & Tobago for delivery to Cove Point, Maryland, US.