UK energy major BP plans to boost its LNG portfolio to 25 million tonnes per annum and has set an aim of 30 mtpa for 2030.
Chief executive Bernard Looney said the company’s third-party offtakes from projects have made “good progress”.
Looney highlighted the Coral-Sul FLNG project off Mozambique, for which BP has an offtake agreement for 100% of the production, which has now exported 15 cargoes.