BP publishes LNG contract templates to push industry standardisation
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SINGAPORE (Reuters) - Global oil and gas major BP has published its master sales and purchase contract templates for its liquefied natural gas (LNG) trading business and says it is the first of its peers to do so. BP , which has a global LNG portfolio made up of volumes it has produced or bought, said on its website it expects that publishing its LNG master sales and purchase agreement (MSPA) templates will "contribute to the broader discussion around standardisation and liquidity for LNG..