Qatargas, RWE in LNG supply deal

Qatargas, RWE in LNG supply deal

World’s largest liquefied natural gas producer, Qatargas has expanded its European client portfolio by signing a seven-year sales and purchase agreement with RWE Supply & Trading, trading unit of German utility RWE.

According to Qatargas’ statement, it has agreed to deliver 1.1 million tons of LNG per year, supplied from the Qatargas 3, the joint venture between Qatar Petroleum, ConocoPhillips and Mitsui & Co.

Khalid Bin Khalifa Al-Thani, chief executive officer of Qatargas noted that the company is working to expand its European client portfolio.

With the emerging export volumes from the United States and Australia, Qatar is looking to reinforce its position as the leading supplier of liquefied natural gas.

It was reported in March that Qatargas is looking to expand LNG supply deals with UK and Dutch terminals.

However, it is not only the European market that Qatargas is adding new supply deals in. On June 30, the company signed a 20-year contract with Global Energy Infrastructure (GEIL) of Pakistan for the supply of 1.3 mtpa of LNG per year.

 

 

 

Share this article

Follow LNG World News

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

LNG Pricing, Trading & Hedging Singapore

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

LNG Pricing, Trading & Hedging Houston

LNG Pricing, Trading & Hedging training program has been completed by hundreds of leading traders, analysts, risk managers…

read more >

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >