KOMIPO and Vitol extend long term LNG supply contract
Korea Middle Power Co Ltd and Vitol have agreed to extend an existing long-term LNG supply and purchase agreement.
Stay updated with breaking news from Vitol. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Korea Middle Power Co Ltd and Vitol have agreed to extend an existing long-term LNG supply and purchase agreement.
Having failed to reach an agreement with Vitol, the Gabonese government is once again listening to proposals from other traders to raise the billion dollars needed to buy back the licences held by
The original deal, signed in 2011, saw deliveries commence in 2015, with Vitol supplying KOMIPO with over 4mn tonnes of LNG over 10 years.
South Korea's Korea Middle Power Co and commodities trader Vitol on Tuesday agreed to extend an existing long-term liquefied natural gas supply and purchase agreement, Vitol said. ...