Monday, April 02, 2012

Indonesia Expects Agreement Soon To Divert 90% Of LNG Destined For Sempra's Coast Azul Terminal

Sutherland - LNG Law

Posted: April 2,
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
[subscription required], the agreement will include a commitment that
Indonesia will compensate Sempra for each cargo diverted.

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