Qatargas and Petronas ink new 5 year SPA

October 19, 2016

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Qatargas today announced the signing of a new five-year SPA with PETRONAS LNG UK Limited.

Under the terms of the new SPA, Qatargas will deliver LNG to PETRONAS until 31 December 2023, an extension of its current contract due to expire on 31 December 2018. […] A total of 1.1MTPA is secured for a partnership that will now extend to a decade-long supply of LNG to the UK-based entity.The LNG will be supplied from Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell which started production in January 2011 and will be delivered on board Q-Flex LNG vessels to Dragon LNG terminal at Milford Haven, United Kingdom.

Edited from Qatargas press release.