Qatar to supply Kuwait with 3 million tonnes of LNG annually for 15 years

Qatar to supply Kuwait with 3 million tonnes of LNG annually for 15 years

By QLNews

Qatar and Kuwait share brotherly relations, which have been growing stronger in recent years through continued cooperation across several areas.

In the latest such endeavor, Qatar Petroleum (QP) announced that it has entered into a 15-year agreement with Kuwait Petroleum Corporation (KPC) to supply up to 3 million tonnes of Liquefied Natural Gas (LNG) to Kuwait every year.

Dr. Khaled A. Al-Fadhel, the Minister of Oil and the Minister of Electricity & Water, the Chairman of the Board of Kuwait Petroleum Corporation and His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, initialed the Sale and Purchase Agreement at a ceremony held in Kuwait City.

According to the agreement, the LNG deliveries will be sent through to Kuwait’s new world-class LNG receiving terminal at Al-Zour Port in 2022.

HE Saad Sherida Al-Kaabi, commented on the occasion, “We are pleased and proud to join hands with Kuwait Petroleum Corporation, and we look forward to providing reliable LNG supplies to our brothers in the State of Kuwait for decades to come.”

He added that the agreement extends Qatar’s long-standing LNG supply relationship with Kuwait well into the 2030s and highlights the country’s commitment to meeting Kuwait’s LNG requirements.

“We are confident that the exceptional reliability of our LNG supplies will provide KPC with the required flexibility and supply security to fuel the State of Kuwait’s impressive growth,” HE the Minister noted.

“The state of Kuwait is embarking on an ambitious path of economic growth, which requires cleaner energy sources such as natural gas that will contribute to reducing emissions and improving local air quality,” said Kuwait’s Minister Oil and the Minister of Electricity & Water, Dr Al Fadhel.

--

Make sure to check out our social media to keep track of the latest content.

Instagram - @qatarliving

Twitter - @qatarliving

Facebook - Qatar Living

Cover Image Credit: Twitter/@QatarPetroleum
By jhun_digal12• 2 months 1 week ago.
jhun_digal12

awesome very nice

Log in or register to post comments
Everything you need to know about the novel coronavirus (COVID-19)

Everything you need to know about the novel coronavirus (COVID-19)

As of now, Qatar has recorded 442 confirmed cases of the coronavirus in the country.
A guide to what's closed and postponed in Qatar due to COVID-19

A guide to what's closed and postponed in Qatar due to COVID-19

In accordance with the preventive and precautionary measures taken to reduce the spread of COVID-19, here are few places and events that have been closed and postponed until further notice.
WHO Director-General commends Qatar's efforts to combat COVID-19

WHO Director-General commends Qatar's efforts to combat COVID-19

The Director-General of the World Health Organization (WHO), Dr Tedros Adhanom Ghebreyesus, has praised Qatar's leadership for implementing a comprehensive approach to contain the novel coronavirus (COVID-19) in the country.
HH the Amir directs officials to help citizens and residents lead normal life

HH the Amir directs officials to help citizens and residents lead normal life

In a meeting with officials from the Supreme Committee for Crisis Management to combat COVID-19, His Highness the Amir Sheikh Tamim bin Hamad Al Thani directed officials to ensure the provision of necessary services to the people of Qatar, foremost of which is to provide safety against the virus to ensure continuity of normal life.