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BP signs $10b gas supply deal

By Lyu Chang | China Daily | Updated: 2015-10-23 08:15

Oil company to supply 1 million tons of LNG every year to Huadian

BP Plc, the United Kingdom oil giant, has signed a sale-and-purchase agreement to sell one million metric tons of liquefied natural gas annually to China Huadian Corp, the country's largest gas-fired power generator.

The deal, worth $10 billion over the next two decades, was among a host of initiatives signed in London in the presence of President Xi Jinping and British Prime Minister David Cameron.

BP signs $10b gas supply deal

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