Qatargas, Petronas ink new deal

Doha - Mubasher: Qatargas announced on Wednesday that it has signed a new deal with Petronas UK Limited (PLUK), to supply 1.1 million tonnes of liquefied natural gas until 31 December 2023, according to the company’s statement.

The new five-year sale and purchase agreement (SPA), will renew and extent the current contract that is set to expire by the end of December 2018, the statement added.

Qatargas 4 (Train 7) is a joint venture between Qatar Petroleum and Shell, it began production on January 2011, and it will supply the liquefied natural gas until the end of the two agreements.

Mubasher Contribution Time: 19-Oct-2016 17:57 (GMT)
Mubasher Last Update Time: 19-Oct-2016 17:57 (GMT)