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
NASA moves moon rocket to launch pad ahead of Artemis 2 mission
GE and Lockheed validate compact rotating detonation ramjet for hypersonic missiles
JWST red dots reveal rapidly growing early black holes

24/7 Energy News Coverage
Trump offers Egypt to mediate on Ethiopia dam
US to repeal the basis for its climate rules: What to know
jaslovske-nuclear-slovakia-npp-hg.jpgpremier to meet Trump, eyeing nuclear plant deal

Military Space News, Nuclear Weapons, Missile Defense
Greenland is helpful, but not vital, for US missile defense
European military mission in Greenland as US aim 'remains intact'
Amazon expands 'sovereign cloud' in Europe

24/7 News Coverage
China bids to host secretariat of new high seas treaty
Protected forests under threat in DRC's lucrative mining belt
Hundreds in London protest against Beijing 'mega embassy'



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.