News listings

energy-pedia general news

China flagChina

Central & SE Asia / Australasia >>> China

China: Centrica signs long-term LNG supply deal with Shenergy


30 Sep 2020

Photo - see caption

Centrica has agreed a binding 15-year Sales and Purchase Agreement (SPA) to supply 0.5 million tonnes per annum (MTPA) of Liquefied Natural Gas (LNG) to the Shenergy. Deliveries are expected to commence in 2024.

Photo - see caption
Centrica signs long-term LNG supply deal with Shenergy

The SPA follows a Heads of Agreement that was concluded in January 2020 and represents the first long term supply contract for Centrica in China, one of the fastest growing LNG markets in the world.

Commenting on the agreement, Chris O’Shea, Centrica’s Group Chief Executive Officer said:

'We are delighted to conclude this agreement with Shenergy. The roots of our shared history date back over 150 years, to when British Gas helped install gas lighting in the streets of Shanghai. Today’s deal is a new milestone for our companies and complements Centrica’s existing portfolio of LNG positions and contracts.'

Original article link

Source: Centrica





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 363

Completed Deals

Completed Upstream Deals: 5791

Company Profiles

Current Company Profiles: 2737

Corporate Activity

Current Corporate Activity articles: 3541

Companies Looking

Current number of articles: 442

Company Sales

Current Company Sales articles:1438

Geostudies

Current Geostudies articles: 754

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

energy365
OPC
Union Jack Oil 149
Bayphase
Rose & Assocs 149
Government of South Australia
Geoespace
KL Publishing
SLR Consulting logo
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com