QatarEnergy announced on Monday that its LNG producing affiliate, Ras Laffan Liquefied Natural Gas Company, has entered into a long-term Sale and Purchase Agreement (SPA) with China's Guangdong Energy Group Natural Gas Co (GEG) for the supply of one million tonnes per annum of LNG over a 10-year period starting in 2024.
QatarEnergy said in a press statement that deliveries of LNG under the SPA will utilise 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.
(Writing by SA Kader; Editing by Anoop Menon)
Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.
© ZAWYA 2021