The agreement term spans 20 years with the new LNG supplies due to be sourced from the planned Train 7 project in Finima, Bonny Island, Nigeria.
Cargoes will be delivered on an ex-ship basis to BG Group’s North American marketing business at Lake Charles, Louisiana.
Martin Houston, BG executive vice president and managing director for North America, Caribbean and Global LNG, said: This agreement with NLNG adds to our existing supply arrangements through Trains 4 and 5 which came into effect last year. It enhances the profitable long-term growth of BG’s LNG supply portfolio and reflects the strength of BG’s competitive position in the Atlantic Basin.