Global leader of LNG terminals, AG&P LNG, has completed an agreement with BK LNG Solution (BKLS), to introduce the first spot cargo into China.
This partnership shows a key moment for both companies, showing an alignment in their strategies and supporting the supply to China.
Henry Kim, president of BK LNG Solution says: ‘We are pleased to announce the signing ceremony where we formalized our agreement to bring our first spot cargo into China. This collaboration demonstrates our dedication to providing innovative and diversified LNG solutions to meet the dynamic needs of the Chinese LNG market.’
CEO of AG&P LNG, Karthik Sathyamoorthy, adds: ‘We look forward to advancing our collaboration with BKLS beyond the first spot cargo transaction. Together, we aim to set new benchmarks in delivering reliable and sustainable LNG solutions to support China’s growing energy demands. Diversifying energy sources with LNG enhances China’s energy security and supports its economic growth. Our collaboration on Small Scale LNG initiatives not only expands LNG distribution capabilities but also ensures quicker, more responsive delivery of LNG, crucial for meeting increasing demand across China.’
