{"content":[{"text":"For Immediate Release – May 6, 2021","bbox":{"left":0.120968,"top":0.154078,"width":0.30263,"height":0.01624700000000001}},{"text":"Woodfibre LNG signs second sales agreement with BP Gas Marketing Limited","bbox":{"left":0.156452,"top":0.186873,"width":0.6870179999999999,"height":0.01766000000000001}},{"text":"SQUAMISH – Woodfibre LNG has taken another step toward shipping some of the world’s cleanest \n LNG to Asian markets, where it can offset coal and displace millions of tonnes of greenhouse gas \n every year.","bbox":{"left":0.120949,"top":0.224689,"width":0.7582150000000001,"height":0.047403}},{"text":"Pacific Oil & Gas Limited’s (PO&G) wholly-owned subsidiary, Woodfibre LNG, has signed a second \n LNG Sales and Purchase Agreement (SPA) with BP Gas Marketing Limited (BPGM), a wholly-owned \n indirect subsidiary of BP Plc, for the delivery of liquefied natural gas (LNG) from PO&G’s Woodfibre \n LNG export facility near Squamish, British Columbia. Under the terms of the SPA, BPGM will receive \n 0.75 million tonnes per annum (MTPA) of LNG over 15 years on a free on board (FOB) basis. This \n latest SPA will increase BPGM’s total LNG off-take to 1.5 MTPA, over 70 per cent of Woodfibre LNG’s \n future annual production.","bbox":{"left":0.120949,"top":0.287775,"width":0.7585810000000001,"height":0.111184}},{"text":"“Forward-looking companies like BP are turning to projects like ours for sustainable, stable gas that \n will supply a clean energy mix,” said Ratnesh Bedi, PO&G President. “We look forward to working \n with BPGM to deliver Canadian natural gas from one of the lowest carbon footprint LNG facilities in \n the world, and help advance the climate goals of growing economies as they phase away from coal, \n lower their emissions, and meet net-zero targets.”","bbox":{"left":0.120968,"top":0.414839,"width":0.758748,"height":0.07849400000000001}},{"text":"“The use of renewable energy for e-drive power places Woodfibre – and Squamish – at the forefront \n of the world’s clean energy transition,” said Ron Bailey, president of Woodfibre LNG.","bbox":{"left":0.120986,"top":0.508937,"width":0.758173,"height":0.031445000000000056}},{"text":"About Woodfibre LNG Limited","bbox":{"left":0.120986,"top":0.556064,"width":0.248593,"height":0.01624700000000001}},{"text":"The Woodfibre LNG project is located approximately 7 km west-southwest of Squamish, British \n Columbia. It involves the construction and operation of a liquefied natural gas (LNG) export facility \n on the previous Woodfibre pulp mill site. The facility would have a storage capacity of 250,000 m3 \n and would produce approximately 2.1 (MTPA) of LNG. Woodfibre LNG is a privately held Canadian \n company based in Vancouver and Squamish, and is a subsidiary of Pacific Oil & Gas Limited.","bbox":{"left":0.12096,"top":0.588479,"width":0.7584150000000001,"height":0.07843500000000003}},{"text":"About Pacific Oil & Gas","bbox":{"left":0.12096,"top":0.682596,"width":0.18629399999999996,"height":0.01624700000000001}},{"text":"Woodfibre LNG is a subsidiary of Pacific Oil & Gas (PO&G), an independent energy resources \n development company. PO&G’s business includes major investments throughout the energy supply \n chain, including oil and gas developments, power plants and gas transmission networks, LNG \n receiving terminals, and the Woodfibre LNG project in Squamish, British Columbia, Canada. Pacific \n Oil & Gas is a member of the RGE group of companies. RGE manages a group of resource-based \n manufacturing companies with global operations.","bbox":{"left":0.12096,"top":0.715011,"width":0.758733,"height":0.09445300000000012}},{"text":"Media contact: \n Rebecca Scott \n Woodfibre LNG Limited \n rebecca_scott@wlng.ca","bbox":{"left":0.12096,"top":0.840751,"width":0.181533,"height":0.06281100000000006}}],"images_bbox":[{"left":0.120968,"top":0.042047,"width":0.22253,"height":0.096614},{"left":0.613816,"top":0.074354,"width":0.261507,"height":0.064367}],"images_bbox_not_text_overlap":[{"left":0.120968,"top":0.042047,"width":0.22253,"height":0.096614},{"left":0.613816,"top":0.074354,"width":0.261507,"height":0.064367}]}