LNG Carriers: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

KPC and Vitol Sign LNG Supply Deal

Source: www.gulfoilandgas.com 4/26/2010, Location: Middle East

Share |

Vitol S.A. signed an agreement with Kuwait Petroleum Corporation (KPC) to supply liquefied natural gas (LNG) to the state of Kuwait to help the state meet peak electricity demand during the summer months of April through October 2010 to 2013.

The four year agreement helps KPC meet the state of Kuwait’s growing energy demand as the state implements its ambitious development plans, which will require more clean energy supplies, including natural gas.

While KPC is following through on its plans for increasing local natural gas production and providing clean supplies of feedstock for the state’s power generation facilities, this supply agreement will help meet demand for gas during the interim period.

KPC believes that importing LNG to meet peak summer demand is a sustainable solution to help reduce emissions and improve local air quality.

KPC are delighted to have secured supplies from a reliable global partner like Vitol, and look forward to strengthening their long-term relationship with the company.

Vitol are very pleased to have been awarded this contract, which reinforces their commitment to partner with KPC, as it looks to meet its LNG supply requirements.

LNG Carriers News in Kuwait >>

Rosneft & EGAS Signed Master LNG Supply and Purchase Agreement
Egypt >>  8/27/2015 - Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply and Purchase Agreement....
Wartsila 34DF Dual-Fuel Auxiliary Engine is the Global Standard for LNG Carrier
  Finland >>  8/27/2015 - The upgraded version of the Wartsila 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are s...

Sakhalin Energy Offloaded the 1000th LNG Cargo
  Russia >>  8/26/2015 - Sakhalin Energy offloaded the 1000th standard cargo of LNG, produced since the start of the first Russian LNG plant. Tanker left Prigorodnoye port on ...
Shell Lifts Force Majeure on Gas Supplies to Nigeria's NLNG
  Nigeria >>  8/21/2015 - Shell said that its Nigerian joint venture lifted its force majeure on natural gas supplies to the Nigeria Liquefied Natural Gas Co (NLNG) after repai...


Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 |

More News

Oil & Gas Companies in Kuwait >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed