By Tyler Losier, Energy Reporter, Oil & Gas 360

Woodfibre LNG to deliver 0.75 Mtpa over 15-year period
Woodfibre LNG, a wholly owned subsidiary of Pacific Oil & Gas Limited, has signed a binding sales and purchase agreement with BP Gas Marketing Limited, a wholly owned subsidiary of BP (stock ticker: BP), for the delivery of 0.75 Mtpa of LNG over a 15-year period.

The first delivery from Woodfibre’s LNG export facility, to be located approximately 7 kilometers west of Squamish, British Columbia, is expected to occur in 2023. In addition to the SPA, Woodfibre is also working with BP Canada to develop an agreement for BP to provide gas transportation and balancing services to help ensure reliable delivery of LNG over the co...

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