QP Enters into a 1.25 MTPA Long Term LNG Supply Agreement

Source: www.gulfoilandgas.com 2/22/2021, Location: Asia

Qatar Petroleum entered into a long term Sale and Purchase Agreement (SPA) with Vitol for the supply of 1.25 million tons per annum (MTPA) of liquefied natural gas (LNG) to Vitol’s final customers in Bangladesh.

Under the agreement, LNG deliveries will commence later this year, further demonstrating the State of Qatar’s continued commitment to meeting the growing needs of its customers for reliable LNG supplies.

His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, welcomed the signing of the agreement and said, “We are pleased to sign this SPA with Vitol, and we look forward to commencing deliveries under the SPA to further contribute to meeting Bangladesh’s energy requirements.”

H.E. Minister Al-Kaabi concluded his remarks by saying, “This SPA also highlights our strong ability to meet the requirements of our partners and customers. We are proud to continue to be the supplier of choice for our customers and partners around the globe.”?


Japan >>  4/7/2021 - Chevron Corporation (CVX) announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (CUSA) has signed a binding Sale and Purchase A...
Bangladesh >>  4/6/2021 - Excelerate Energy L.P. (Excelerate) completed its 2000th commercial ship-to-ship (STS) transfer of liquefied natural gas (LNG) on April 03, 2021, at E...

United States >>  4/6/2021 - UGI Corporation (UGI) announced that its wholly owned subsidiaries UGI Utilities, Inc. and UGI Energy Services, LLC have joined the Natural Gas Supply...
Brazil >>  4/5/2021 - Petrobras informs that as of May 1, 2021, the natural gas sale prices for distributors will increase, by 39% in R$/m3, in relation to the last quarter...

Algeria >>  4/1/2021 - “SONATRACH and Shell International Trading and Shipping Company Limited signed a Memorandum of Understanding on April 1, 2021. ...
Mexico >>  3/29/2021 - New Fortress Energy Inc. has signed a Gas Supply Agreement (the “GSA”) with CFEnergia SA de CV, a subsidiary of Mexico’s Federal Electricity Commissio...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.