BP has secured 2 million mt/year of LNG from the Venture Global Calcasieu Pass LNG export facility in Louisiana, under a 20-year sales and purchase agreement with Venture Global LNG, the companies announced Monday. BP will purchase the LNG on a free on board, or FOB, basis starting from the commercial operation date of the facility, currently expected in 2022. The agreement brings the exporter’s total contracted quantity under the 20-year binding SPA to 6 million mt/year. BP joins Venture Global’s other LNG partners, which include Shell, Edison S.p.A. and Galp. Venture Global LNG is developing two export facilities in Louisiana — the 10 million mt/year Venture Global Calcasieu Pass facility at the intersection of the Calcasieu Ship Channel and the Gulf of Mexico, and the 20 million mt/year Venture Global Plaquemines LNG on the Mississippi River. “As we finalize our arrangements for Calcasieu Pass and proceed towards financing, […]