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QatarEnergy signs LNG supply agreements with TotalEnergies

for The agreement is for the supply of up to 3.5 million tons per annum (MTPA) of LNG from Qatar to France. (Image source: QatarEnergies)

Exploration & Production

QatarEnergy and TotalEnergies have signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) of LNG from Qatar to France, with deliveries expected to start in 2026 for a period of 27 years

The LNG will be sourced from the two joint ventures between QatarEnergy and TotalEnergies that hold interests in Qatar’s North Field East (NFE) and North field South (NFS) projects, and will be delivered ex-ship to the Fos Cavaou LNG receiving terminal in southern France.

The SPAs were signed by His Excellency Mr., the President and CEO of QatarEnergy, and Mr. Patrick Pouyanné, the Chairman and CEO of TotalEnergies, at a special event held in Doha in the presence of senior executives from both companies.

His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs said, “These two new agreements we have signed with our partner TotalEnergies demonstrate our continued commitment to the European markets in general, and to the French market in particular, thus contributing to France’s energy security. The State of Qatar has been supplying the French market with LNG since 2009, and the new agreements reflect the joint effort of two trusted partners, QatarEnergy and TotalEnergies, to provide reliable and credible LNG supply solutions to customers across the globe.”

 “Our commitment to ensure continued and reliable supplies of energy to Europe and the rest of the world is underpinned by our substantial and ongoing investments across the entire gas value chain,” he continued. “We are proud that our new LNG expansion in Qatar is the least carbon intensive project in the world.”