QatarEnergy, KPC sign 15-year LNG supply agreement

Aug. 26, 2024
QatarEnergy agreed to a 15-year deal with Kuwait Petroleum Corp. for the supply of up to 3 million tonnes/year of LNG.

QatarEnergy has agreed to a 15-year deal with Kuwait Petroleum Corp. (KPC) for the supply of up to 3 million tonnes/year (tpy) of LNG to the State of Kuwait.

Pursuant the terms of the agreement, 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.

The agreement is the second long term LNG supply agreement signed with KPC.