ConocoPhillips & Pearl River Investment Ink Long-Term LNG Supply Deal

ConocoPhillips (COP) , a leading global exploration and production company, has signed a long-term agreement with Guangdong Pearl River Investment Management Group for the supply of liquefied natural gas (“LNG”). The upstream energy firm has signed an LNG sales and purchase agreement (“SPA”) with Pearl River Investment for a duration of 15 years.Neither ConocoPhillips nor Guangdong Pearl River Investment Management Group has disclosed the details of the agreement yet. However, according to sources familiar ...