Nikhil Bhat's questions to Kosmos Energy Ltd (KOS) leadership • Q1 2025
Question
Nikhil Bhat requested a clarification on the terms of the LNG offtake agreement with BP, specifically the annual volume quota and the contracted price.
Answer
CEO Andrew Inglis provided a direct answer, stating that the annual contract quantity (ACQ) is 2.45 million tons per annum and the price is set at a 9.5% slope against Brent crude, on a Free on Board (FOB) basis.