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PNG LNG project signs LNG sale and purchase agreement with Sinopec


Published Dec 4, 2009
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PNG LNG project

Santos says that the PNG LNG Project participants have finalised a binding Sale and Purchase Agreement with Unipec Asia Co Ltd, a subsidiary of China Petroleum & Chemical Corporation (Sinopec), for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 2.0 million tonnes per annum.

Under the agreement, the PNG LNG Project will supply LNG to Sinopec for a period of 20 years.

Tags: Santos, Sinopec



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