Oct. 18 at 5:09 PM
QatarEnergy &
$SHEL have signed 2 long-term LNG deals to supply LNG from Qatar to the Netherlands for 27 years starting in 2026 when Qatar’s first export expansion projects are expected to come online.
Under the sale and purchase agreements, Qatar and Shell will deliver up to 3.5M tons per year of LNG to the Gate LNG terminal in the port of Rotterdam
The deal with Shell, the world’s top LNG trader, comes a week after QatarEnergy &
$TOT signed long-term LNG agreements under which Qatar will supply up to 3.5M tons per year of LNG to France for 27 years beginning in 2026.
Earlier this month, Qatar broke ground for the world’s largest LNG project, the North Field expansion project, which will boost the tiny Gulf country’s export capacity by 48M tons per annum (mmtpa) by 2027.
$QAT $UNG