Energy News — Shell Signs 27-Year LNG Supply Deal With Qatar
On 18 October it was announced that Shell signed a new liquified natural gas (LNG) supply deal with Qatari government leaders, such as the Minister of State for Energy Affairs and President and CEO of QatarEnergy, Saad Sherida Al-Kaabi.
Shell CEO Wael Sawan, who is seen in the link above with his Qatari counterpart, was eager to sign the long-term contract for Qatar’s LNG supplies, because he is still coming under pressure about the company’s energy transition strategy.
According to the terms of this LNG deal, QatarEnergy will deliver approximately 3.5 million tons of LNG per year to an import terminal in The Netherlands at Rotterdam Gate. It is the second deal reached between a European supermajor and QatarEnergy, as the LNG giant also reached a previous long-term contract with France’s Total…
