BP, the developer of the 15tcf Tortue gas field in the deepwater on the Mauritania/Senegal maritime border has sidestepped selling into a bearish LNG market (MEES, 21 February) by signing up to take 100% of Phase-1 output into its own trading portfolio.

BP Gas Marketing Ltd has agreed to take 2.45mn t/y of LNG from the 2.5mn t/y capacity Phase-1 for up to 20 years at a crude-linked price. (CONTINUED - 347 WORDS)