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Indonesian Official Expects Agreement Soon on Diversion of LNG Cargos Originally Planned for Costa Azul LNG Terminal

An official with BPMigas, Indonesia’s LNG upstream regulator, said that he expects his agency will sign an agreement this month or next that will allow BP to divert up to 90% of LNG cargos originally destined for Sempra’s Energia Costa Azul LNG import fa
April 1, 2012

An official with BPMigas, Indonesia’s LNG upstream regulator, said that he expects his agency will sign an agreement this month or next that will allow BP to divert up to 90% of LNG cargos originally destined for Sempra’s Energia Costa Azul LNG import facility in Mexico. According to Platts LNG Daily [subscription required], the agreement will include a commitment that Indonesia will compensate Sempra for each cargo diverted.

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