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QatarEnergy signs LNG supply agreement with Eni

The agreement is for the supply of up to one million tons per annum (MTPA) of LNG from Qatar to Italy. (Image source: QatarEnergy)

Exploration & Production

QatarEnergy and Eni have signed a long-term LNG sale and purchase agreement (SPA) for the supply of up to one million tons per annum (MTPA) of LNG from Qatar to Italy

LNG deliveries are expected to start in 2026 for a term of 27 years and will be sourced from the joint venture between QatarEnergy and Eni that holds an interest in Qatar’s North Field East (NFE) expansion project. The LNG will be delivered to FSRU Italia, a floating storage and regasification unit, located in the port of Piombino, in Italy’s Tuscany region. 

His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, and the president and CEO of QatarEnergy, said, “Today, we are taking another important step in strengthening our partnership with Eni that will foster our mutual cooperation for many years to come. Our partnership with Eni has borne fruitful results including LNG deliveries through the Fluxys LNG terminal in Belgium’s Zeebrugge port and upstream exploration projects in various locations around the world. This agreement further builds on Eni’s first entry in the upstream sector in the State of Qatar through our partnership in the historic North Field East expansion project.

“Together, we will continue to demonstrate commitment to the European markets in general, and to the Italian market in particular.”

The agreement follows hot on the heels of the signature of two long-term LNG SPAs with Shell for the supply of up to 3.5 MTPA of LNG from Qatar to the Netherlands.