b]BP signs RI LNG supply deal with SK Corp.: BP Plc. (BP) on Sunday

b]BP signs RI LNG supply deal with SK Corp.: BP Plc. (BP) on Sunday signed an agreement to supply liquefied natural gas from the Tangguh project in Indonesia to South Korean refiner SK Corp., a person familiar with the matter said on Monday. The agreement comprises half of a deal to supply 1.5 million tons of LNG a year for 20 years to South Korea, which was jointly negotiated by SK and steel maker Posco. Representatives from BP and SK, plus one from Indonesian upstream regulator BPMIGAS signed the so-called heads of agreement in Bali, the person said. A heads of agreement with Posco is expected to be signed Thursday, the person said. -- Dow Jones