Repsol inks LNG supply deal with South Korea's Kogas

Repsol has signed a liquefied natural gas (LNG) supply agreement with South Korea's state-owned Korea Gas Corporation (KOGAS), boosting Repsol’s position as one of the world’s largest shippers of the fuel. 
The 15-month agreement, which took effect from January, will involve the shipment of 1.9 bcm of gas equivalent to Korea, equivalent to the annual supply of 1 million homes. Repsol will ship the LNG from the Peru LNG terminal, to which the company has the sole off-take rights. 
[Read more]
Source: Penn Energy