Liquefied Natural Gas (LNG)
Liquefied Natural Gas (LNG) is key to our strategy – and it is a vital part of the broader global energy transition. As our customers look for new ways of consuming energy, global demand for LNG is expected to continue to grow.
We are a recognized global LNG player with established and significant LNG marketing and trading capabilities across the world. It is our objective to achieve 25mpta target by 2025 and we have a global portfolio in place to help us deliver this.
We deliver innovative commercial LNG solutions, amplifying value and profitability for our customers and stakeholders. Our LNG portfolio includes a mix of long-term equity projects, as well a merchant portfolio.
Our trading ability is flexible when it comes to supply, sales and re-gas volumes, allowing us to respond quickly to changing market conditions and meet the needs of our customers while operating in a highly dynamic market. It also allows us to create commercial opportunities for bp.
All our activities are supported by our modern, efficient, and flexible shipping fleet and contracts to help us deliver LNG solutions to customers in a broad range of locations.
We are active throughout Europe and Americas, with numerous operations that allow us to meet the diverse needs of producers and customers.
We are leading buyer and seller of LNG in Asia and the Middle East. Here we are focused on the introduction of innovative new products, in addition to managing long-term sales contracts with customers in Japan, Korea, Kuwait, Singapore and Taiwan, as well as in Australia.
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