Doha: QatarEnergy announced today that its LNG producing affiliate, Ras Laffan Liquefied Natural Gas Company Limited, entered into a long-term Sale and Purchase Agreement (SPA) with Guangdong Energy Group Natural Gas Co., Ltd. (GEG) for the supply of one million tons per annum of LNG to China over a 10-year period starting in 2024.
Commenting on the occasion, H E Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and CEO of QatarEnergy said, “We are pleased to enter into this long-term supply agreement with Guangdong Energy Group and look forward to establishing a successful and mutually rewarding relationship.
This agreement further demonstrates our commitment to continue to be a trusted and reliable energy partner for the People’s Republic of China.”
Deliveries of LNG under the SPA will utilize Qatar’s fleet of conventional, Q-Flex and Q-Max LNG vessels, allowing GEG to receive LNG primarily at the Dapeng and Zhuhai LNG Receiving Terminals.
