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Newsletter: Woodfibre LNG project picks up pace
Our newsletter: 14 September 2023 BP to take all of Woodfibre’s LNG Britain’s BP Gas Marketing, an arm of energy giant bp, has locked up all of Woodfibre LNG’s future production. Of Woodfibre’s annual output of 2.1 million tonnes of LNG a year, BP will buy 1.9 million tonnes — and will be able to take the remaining output on a flexible basis. “Today’s announcement demonstrates there is demand for lower-carbon energy today and well into the future,” said Woodfibre LNG president Christine Kennedy. Woodfibre’s lower carbon intensity comes in part from its design, which will use electric drive for…