Qatar state-controlled QatarEnergy and oil major Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of three million tons per annum (MTPA) of liquefied natural gas (LNG) to China.
The physical LNG deliveries under the new long-term SPA will start in January 2025, as QatarEnergy informs.
“We are pleased to enter into this new long-term LNG SPA with our trusted partner, Shell. 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,” said Saad Sherida Al-Kaabi, the minister of state for energy affairs, the president and CEO of QatarEnergy.
“This SPA marks the 11th LNG supply contract between us, serving as a testament to our enduring partnership. It underlines our consistent ability to meet the diverse requirements of our customers and partners globally. I extend my appreciation to Shell’s management and working teams for the successful conclusion of this SPA,” the H.E. minister Al-Kaabi noted, highlighting the strength of the QatarEnergy-Shell collaboration.
