Space News from SpaceDaily.com
QatarEnergy inks gas supply deal for China with Shell
ADVERTISEMENT


Doha, Dec 2 (AFP) Dec 02, 2024
Qatar has agreed to supply three million tonnes of gas a year to China in a deal with London-headquartered energy giant Shell, the emirate's state energy company said on Monday.

The liquefied natural gas deliveries would begin in January as part of a "new long-term sale and purchase agreement", QatarEnergy said in a statement without specifying the duration of the deal.

"We are pleased to enter into this new long-term LNG SPA (sale and purchase agreement) with our trusted partner, Shell," said Energy Minister Saad al-Kaabi, who is also the chief executive of QatarEnergy.

"This agreement helps meet the requirements of Shell's end customers in China and enhances our contributions to meeting the needs of LNG end-users worldwide," he added.

Qatar is one of the world's top gas producers alongside the United States, Australia and Russia.

Asian countries led by China, Japan and South Korea have been the main market for Qatari gas, but demand has also grown from European countries since Russia's war on Ukraine threw supplies into doubt.

In recent years, Qatar has inked other long-term LNG deals with France's Total, Shell, India's Petronet and Italy's Eni among others, many of them for 27 years in duration, an industry record when the first deal was made in 2022 with China's Sinopec.

csp/dv


Shell

QatarEnergy

ENI

SINOPEC - CHINA PETROLEUM & CHEMICAL CORPORATION


ADVERTISEMENT





Space News from SpaceDaily.com
Eclipse maker Proba-3 to revolutionize solar corona observations
Slingshot Aerospace secures $13M NOAA contract for Space Traffic Platform Interface
Sidus Space prepares LizzieSat-2 for December launch

24/7 Energy News Coverage
Altman says Trump will keep US in AI lead; as Musk trolls OpenAI with profiteering suit
3D-printing advance mitigates three defects simultaneously for failure-free metal parts
Cooling with light explored through semiconductor quantum dots

Military Space News, Nuclear Weapons, Missile Defense
Taiwan's Lai talks 'China threats' with ex-US House speaker Pelosi
Philippine president says Russian submarine 'worrisome'
Putin signs record Russian budget, one-third for defense

24/7 News Coverage
Genetic clues reveal evolving chimpanzee tool use cultures
Moving hotspot formed Earth's longest straight underwater mountain chain
Global crop yields maintain steady growth over six decades



All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.