QatarEnergy signs long term LNG supply deal with Chinese fir...| MENAFN.COM

Tuesday, 17 May 2022 10:07 GMT

QatarEnergy signs long term LNG supply deal with Chinese firm


(MENAFN- The Peninsula) The Peninsula

Doha: QatarEnergy announced today that its LNG producing affiliate, Qatar Liquified Gas Company Limited (2), entered into a long-term Sale and Purchase Agreement (SPA) with S&T International Natural Gas Trading Company Limited (S&T) for the supply of one million tons per annum of LNG to China over a 15-year period starting in late 2022.

Commenting on this occasion, H E Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy said,“We are pleased to welcome S&T into our family of long-term LNG customers and we are excited to work with them to help fulfil their long-term LNG requirements. This agreement marks further expansion of our customer base in the People's Republic of China, which can count on Qatar as a trusted and reliable energy partner.”

LNG deliveries under the SPA will utilize Qatar's fleet of conventional, Q-Flex and Q-Max LNG vessels allowing S&T to receive the LNG quantities primarily at the Tangshan LNG Receiving Terminal.

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