24 April 2024
RasGas/KOGAS celebrate first cargo under latest SPA
Publication date: 01 April 2012
Gas Strategies Group
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One of the most significant supplier/buyer relationships in the LNG industry has entered a new era. The arrival in March of the first cargo under the third long-term Sales and Purchase Agreement (SPA) between KOGAS and RasGas – finalised in February – is a step forward for both companies. For RasGas the new SPA further consolidates the relationship with its foundation buyer and reduces the amount of divertible LNG it has to manage. For KOGAS, it is a welcome contract portfolio addition from one of its most reliable – and flexible – suppliers.