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  1. Home
  2. What we do
  3. Natural gas and LNG
  4. Liquefied natural gas (LNG)

Liquefied natural gas (LNG)

Liquefied natural gas (LNG) is key to bp’s strategy – and it is a vital part of the broader global energy transition. As our customers look for new ways of consuming energy, global demand for LNG is expected to continue to grow.
LNG

bp is a recognized global LNG player with established and significant LNG marketing and trading capabilities across the world. It is our objective to achieve bp’s 25mpta target by 2025 and we have a global portfolio in place to help us deliver this. 

 

bp delivers innovative commercial LNG solutions, amplifying value and profitability for our customers and stakeholders. Our LNG portfolio includes a mix of long-term equity projects, as well a merchant portfolio. 


bp trading’s ability to be flexible when it comes to supply, sales and re-gas volumes, allows us to respond quickly to changing market conditions and meet the needs of our customers while operating in a highly dynamic market. It also allows us to create commercial opportunities for bp.


All our activities are supported by our modern, efficient and flexible shipping fleet and contracts to help us deliver LNG solutions to customers in a broad range of locations. 

 

We are active throughout Europe, with numerous operations that allow us to meet the diverse needs of producers and customers.  


bp is also a leading buyer and seller of LNG in Asia and the Middle East. Here we are focused on the introduction of innovative new products, in addition to managing long-term sales contracts with customers in Japan, Korea, Kuwait, Singapore and Taiwan, as well as in Australia. 

LNG master sales and purchase agreement
bp master ex-ship LNG sale and purchase agreement 2019 edition pdf / 779.4 KB
bp standard FOB LNG MSA agreement 2019 edition pdf / 1.1 MB

Learn more

Natural gas and liquefied natural gas (LNG)

Natural gas has an important role to play in the energy transition now and for decades to come, alongside other energy sources and technologies.

Natural gas liquids (NGL)

NGL has been a part of bp’s operations for over a century. We have developed a deep understanding of all facets of the NGL value chain, including production, processing, supply aggregation, trading, marketing, logistics, and risk management.

Power

bp’s power business offers an extensive platform that bp can use to meet the energy needs of our global customers while working to support the transition to a low carbon economy across the power value chain.