BGN has signed a Heads of Agreement (HOA) with Glenfarne Global Commodities (GGC) for the long-term supply of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG), representing another important step in the company’s expanding global LNG portfolio.
The agreement provides the framework for negotiating a 20-year LNG Sale and Purchase Agreement, with supply expected from Texas LNG, Glenfarne’s LNG export project in Brownsville, Texas.
The partnership supports BGN’s strategy to strengthen its global LNG business by securing long-term sources of supply while meeting growing customer demand across international markets. It also reflects the company’s continued investment in strategic partnerships that enhance its integrated trading platform and expand its presence across global energy markets.
