Baker Botts advises Origin Energy on LNG SPA
Published by Callum O'Reilly,
Senior Editor
LNG Industry,
Baker Botts L.L.P. has announced that it recently advised Origin Energy Ltd on its LNG Sale and Purchase Agreement (SPA) with ENN LNG Trading Company Ltd (ENN) for the delivery of LNG to China.
Origin and ENN has previously announced a non-binding heads of agreement in March 2016.
Under the SPA, Origin will supply 280 000 tpy of LNG for a period of five years. By mutual agreement, the parties have the ability to extend the supply period by an additional five years. Deliveries of LNG under the SPA are expected to begin in 2018 or 2019, following completion of ENN’s Zhoushan receiving terminal in Zhejiang province, China.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/22122016/baker-botts-advises-origin-energy-on-lng-spa/
You might also like
TotalEnergies awards independent mission to assess humanitarian situation in Cabo Delgado province
TotalEnergies has entrusted Jean-Christophe Rufin, a recognised expert in humanitarian action and human rights, with an independent mission to assess the humanitarian situation in Cabo Delgado province.