South Korea's KOMIPO and Vitol Extend Long-Term LNG Supply Contract

South Korea's Korea Middle Power Co (KOMIPO) and commodities trader Vitol (VITOLV.UL) on Tuesday agreed to extend an existing long-term liquefied natural gas (LNG) supply and purchase agreement, Vitol said.

Under the extension agreement, Vitol will supply KOMIPO with three cargoes of LNG per year from 2025 to 2028, Vitol said.