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QatarEnergy & KPC Sign 15-year Agreement For LNG

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Kate Rainford

Kate is our deputy editor at Tank Storage Magazine

QatarEnergy has entered into a 15-year LNG Sale and Purchase Agreement (SPA) with Kuwait Petroleum Corporation (KPC) for the supply of up to 3 million tonnes per annum (MTPA) of LNG to the State of Kuwait.

The contracted LNG volumes will be delivered ex-ship to Kuwait’s Al-Zour LNG Terminal onboard QatarEnergy’s conventional, Q-Flex, and Q-Max LNG vessels, starting in January 2025.

Minister Al-Kaabi says: ‘I am pleased to be in Kuwait, a country that is dear to our hearts, and to build a new long-term partnership between KPC and QatarEnergy, that constitutes a central element in supporting Kuwait’s sustainability goals particularly in the electricity generation sector. It also reflects our commitment to support the future needs of all our clients, foremost of which is KPC.’

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