Qatargas 4 and Petronas LNG have signed a five-year sale and purchase agreement for an annual LNG volume of 1.14mn tonnes, with effect from January 2014
The LNG will be supplied from Qatargas 4, a joint venture between Qatar Petroleum and Shell, which started production in January 2011.
The cargo will be delivered to Petronas Dragon LNG Terminal located in Milford Haven, UK, company sources said.
Mohamed bin Saleh al-Sada, chairman of Qatargas, signed the deal on behalf of Qatargas 4 with Anuar Ahmed, executive vice president of Petronas LNG.
Al-Sada said, “This is a ground-breaking agreement between two well-established and leading companies in the LNG sector, which further strengthens the existing relationship between Qatargas and Petronas.
“Qatari LNG continues to play a key role in supporting efforts by countries around the world to diversify their energy supplies using gas as an environmentally friendly source of energy.”
The two companies also recently concluded a master sales and purchase agreement under which Qatargas delivered its first ever LNG cargo to Malaysia in July 2013.
