Qatar Liquefied Gas Company Limited (2) (Qatargas 2) and Kuwait Petroleum Corporation (KPC) have executed an agreement for the supply of half a million tonnes of LNG to Kuwait over the next four years, starting from March 2016.
The LNG will be sourced from Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and Total which started production in 2009, and will be delivered onboard Q-Flex LNG vessels, chartered by Qatargas, to KPC’s Mina Al Ahmadi LNG receiving terminal in Kuwait, the company said on Wednesday.
Qatargas Chairman Saad Sherida al Kaabi said,”The agreement consolidates the position of Qatargas as the LNG partner in the GCC region and the Middle East, and enhances its established global position.”
“The conclusion of this agreement cements the positive and mutually beneficial trade relations between the Qatari and Kuwaiti energy sectors, and enhances the position of Qatar as a safe and reliable supplier of clean energy to all corners of the world,” he said.