Spanish energy group Repsol YPF said on Monday it will supply Royal Dutch Shell with about 2 billion cubic meters (70.6 Bcf) of liquefied natural gas (LNG) over the next two years. Repsol said it was the largest ever LNG supply deal in the United States.
The LNG will come from Trinidad and Tobago, where Repsol and its partners British Petroleum and British Gas have liquefaction capacity. It will be shipped to Dominion’s recently recommissioned Cove Point, MD, LNG import terminal.
BP Energy, Statoil and Shell each own one third of Cove Point’s current storage capacity of 5 Bcf and its send-out capacity of 1 Bcf/d. Statoil also has a supply agreement with Repsol.
©Copyright 2003 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.
© 2020 Natural Gas Intelligence. All rights reserved.
ISSN © 1532-1231 | ISSN © 2577-9877 |