QatarEnergy, Shell To Supply China With 3 MTPA Of LNG

QatarEnergy and Shell have entered into a new long-term sale and purchase agreement (SPA) for the supply of 3 MTPA of liquefied natural gas (LNG) to China.

“We are pleased to enter into this new long-term LNG SPA with our trusted partner, Shell,” said Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, president, and chief executive officer of QatarEnergy. “This agreement helps meet the requirements of Shell’s end customers in China and enhances our contributions to meeting the needs of LNG end-users worldwide.”

LNG deliveries under the SPA will commence in January 2025. The agreement highlights the continued growth of China’s LNG market, which is projected to be the largest globally.

“This SPA marks the 11th LNG supply contract between us [and Shell], serving as a testament to our enduring partnership, said minister Al-Kaabi. “It underlines our consistent ability to meet the diverse requirements of our customers and partners globally. I extend my appreciation to Shell’s management and working teams for the successful conclusion of this SPA.”