PN wants full disclosure of BP LNG agreement

The Nationalist Party has demanded the publication of the price, conditions, and guarantees connected to the LNG gas supply agreement with BP (British Petroleum), which will remain in force until May 2027.

The statement comes after Prime Minister Robert Abela, during a phone-in interview on ONE, announced the deal with the global oil giant just weeks before the SOCAR agreement is set to expire in August 2026.

The PN said that the government had resorted to last-minute negotiations after having “ignored for years an expiry date it had known about for a decade.”

The PN added that these negotiations have taken place without any details being provided about the price at which the gas will be purchased.

It described Abela’s approach in crucial sectors, including energy, as “management by crisis”, adding that the government had “allowed the country to reach the brink”.

According to the PN, this short-term agreement, like others before it, should not be hidden behind “PR exercises aimed at making people forget that it has no long-term plan in any sector”.

The party also referred to a promise made by the government in 2013 that Malta would adopt a gas pipeline, allowing the country to dispense with the current LNG tanker in Marsaxlokk. However, the PN said this promise “has failed”.

The opposition has therefore called on the government to be transparent about the agreement by publishing it in full, including the prices agreed upon.

“The Nationalist Party hopes that the Maltese and Gozitan people, and all those who live in or visit our country, will not have to face yet another summer of power cuts,” it concluded, while referring to recent electricity outages.