The new agreement with a term of 15 years, succeeds the earlier 10-year arrangement between the two companies
Over 80% of Ruwais LNG’s production already contracted to long-term customers
The parties will negotiate potential domestic gas supply by Santos to Orica of up to 15 PJ per year from Narrabri for a period of up to 10 years
Equinor will supply up to 23 terawatt hours of natural gas (around 2 billion cubic meters) annually to BASF
SOCAR will supply natural gas to SEFE across Europe, with annual volumes set to gradually increase
The agreement provides long-term feedstock and energy security for Covestro’s European operations
PETRONAS reaffirms its commitment to meeting its contractual obligations
The expected implementation timeframe of the project is approximately 18 months
Tanfac will undergo a plant expansion at our Cuddalore facility to manufacture this product
The Zhanjiang Verbund site will be BASF’s largest investment to date with around €10 billion upon completion
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