Qatargas will deliver up to 1.1 million tonnes of liquefied natural gas (LNG) per annum to Shell for five years staring January 2019, Qatargas announced on Sunday.
The sale and purchase agreement involves the supply of LNG from Qatar Liquefied Gas Company Limited, a joint venture between Qatar Petroleum (70 percent) and Shell (30 percent).
It is expected that the LNG will be delivered to either the Dragon LNG Terminal in the U.K. or the Gate LNG Terminal in the Netherlands.
"This deal provides Qatargas with access to Shell's gas sales portfolio in the United Kingdom and continental Europe, as well as the flexibility to manage LNG deliveries to our global client portfolio," Khalid Bin Khalifa Al-Thani, chief executive officer of Qatargas said.
(Anadolu Agency)
