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  • Qatargas signs long term SPA to supply LNG to Kuwait
    édité le 10/02/2020 - Plus de news de "Qatargas" - Voir la fiche entreprise de "Qatargas"


Qatargas signs long term SPA to supply LNG to Kuwait
Qatargas announced the signing of a new, long term Liquefied Natural Gas (LNG) Sale and Purchase Agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to the State of Kuwait, commencing this year.

Commenting on the signing of the SPA, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs said, “We are pleased to announce this new long term agreement between Qatargas and Shell for the supply of LNG to the State of Kuwait, following the recent agreement signed between Qatar Petroleum and Kuwait Petroleum Corporation. These agreements demonstrate our commitment to the State of Kuwait, which is a very important LNG market and is part of our strive to be the LNG supplier of choice for our customers. I would like to take this opportunity to thank our valued partner, Shell, with whom we share a long history of fruitful collaboration and we look forward to continuing to work together to put LNG at the forefront of the world's drive towards cleaner and more sustainable energy sources."

His Excellency Minister Al-Kaabi added, “This new SPA also further underlines Qatargas' position as the market leader in LNG and demonstrates the Company's distinguished track-record of providing reliable LNG to the global market place and its continued ability to capture opportunities in a highly competitive environment."

Commenting on the new SPA, Khalid bin Khalifa Al Thani, Chief Executive Officer, Qatargas, said, “Qatargas is delighted to conclude this new SPA with Shell. We believe this agreement provides a win-win solution for both companies and deepens the relationship with a valued partner and shareholder. Qatargas is committed to meeting the clean energy needs of customers who depend upon reliable, flexible LNG deliveries."

​​The SPA provides for the supply of LNG from Qatar Liquefied Gas Company Limited (4) (Qatargas 4), a joint venture between Qatar Petroleum (70%) and Shell (30%).

About Qatargas

Qatargas is the world’s largest LNG producing company with a production capacity of 42 MTA. The State of Qatar, as the world’s leading LNG producer, anticipates that the People’s Republic of China will become one of the world’s largest gas markets.

About Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects.


Origine : Communiqué Qatargas

Voir la fiche entreprise de "Qatargas"





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