QatarEnergy announced Wednesday that its LNG producing affiliate, Qatar Liquified Gas Company (2), entered into a long-term Sale and Purchase Agreement (SPA) with S&T International Natural Gas Trading Company (S&T) for the supply of 1mn tons per year of LNG to China over a 15-year period starting in late 2022.
Commenting on this occasion, HE the Minister of State for Energy Affairs Saad Sherida al-Kaabi, also the President and CEO of QatarEnergy said, “We are pleased to welcome S&T into our family of long-term LNG customers and we are excited to work with them to help fulfil their long-term LNG requirements. This agreement marks further expansion of our customer base in the People’s Republic of China, which can count on Qatar as a trusted and reliable energy partner.”
The minister expressed his thanks to Sheikh Khalid bin Khalifa al-Thani, CEO, Qatargas, and the working teams from both sides for the successful conclusion of this new agreement.
LNG deliveries under the SPA will utilise Qatar’s fleet of conventional, Q-Flex and Q-Max LNG vessels allowing S&T to receive the LNG quantities primarily at the Tangshan LNG Receiving Terminal.