ISRAEL

 

BP Wins First Ever Israel LNG Supply Contract

 

Israel, which aims to make its debut LNG imports from this December, has awarded BP its first supply contract. The contract covers two 130,000 cu ms cargoes/month for five months, with an option to extend for a further year, according to the Request For Proposal (RFP) document. The relatively steep price purchase price, which one industry source puts at a $7/mn BTU delivered premium to the...