QP Enters into 1.25 MTPA Long Term LNG Supply Agreement into Bangladesh

Source: www.gulfoilandgas.com 2/26/2021, Location: Asia

Qatar Petroleum entered into a long term Sale and Purchase Agreement (SPA) with Vitol for the supply of 1.25 million tons per annum (MTPA) of liquefied natural gas (LNG) to Vitol’s final customers in Bangladesh.

Under the agreement, LNG deliveries will commence later this year, further demonstrating the State of Qatar’s continued commitment to meeting the growing needs of its customers for reliable LNG supplies.

His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, welcomed the signing of the agreement and said, “We are pleased to sign this SPA with Vitol, and we look forward to commencing deliveries under the SPA to further contribute to meeting Bangladesh’s energy requirements.”

H.E. Minister Al-Kaabi concluded his remarks by saying, “This SPA also highlights our strong ability to meet the requirements of our partners and customers. We are proud to continue to be the supplier of choice for our customers and partners around the globe.”?


Poland >>  9/23/2022 - Today Equinor announced a long-term gas sales agreement with Poland’s PGNiG. The agreement is for 10 years with a volume of around 2.4 billion cubic m...
United States >>  9/21/2022 - Stabilis Solutions, Inc., has received authorization from the U.S. Department of Energy ("DOE") to export domestically produced liquefied natural gas ...

Ireland >>  9/20/2022 - Predator Oil & Gas Holdings, the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco, notes the announcement yesterday ...
Australia >>  9/15/2022 - Central Petroleum Ltd. (Central) welcomes today’s announcements by the Prime Minister to bolster east coast energy security, with a focus on enhanced...

Australia >>  9/15/2022 - - Cue signs a new Gas Supply Agreement with Shell Energy Australia for supply of gas from the Mereenie field
- One year term from 1 January 2025...

Singapore >>  9/15/2022 - EPS recently took delivery of M/T Starway – the world’s second dual fuel LNG Suezmax after M/T Greenway, which was delivered to EPS in June 2022. Afte...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.