BP has signed a third long-term liquefied natural gas (LNG) offtake contract with the Woodfibre LNG facility in British Columbia, Canada. Under the agreement, BP will purchase 0.45 million tonnes of LNG per year for 15 years on a free on board (FOB) basis. This brings BP's total offtake commitment from the Woodfibre LNG export facility to 1.95 million tonnes per year, with the remaining amount on a flexible offtake basis. The Woodfibre LNG facility aims to become the world's first net-zero LNG facility by 2027, utilizing hydro-powered, electric-driven compression.