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SAFETY4SEA

QatarEnergy and TotalEnergies sign 27-year LNG supply agreement

by The Editorial Team
October 12, 2023
in Fuels
QatarEnergy and TotalEnergies sign 27-year LNG supply agreement

Credit: QatarEnergy

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Affiliates of QatarEnergy and TotalEnergies 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.

Pursuant to the SPAs, LNG will be delivered ex-ship to the Fos Cavaou LNG receiving terminal in southern France, with deliveries expected to start in 2026 for a term of 27 years. The LNG volumes 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.

The SPAs were signed by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Patrick Pouyanné, the Chairman and CEO of TotalEnergies, at a special event held in Doha in the presence of senior executives from both companies.

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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.

… said  Minister Al-Kaabi

Minister Al-Kaabi also reminded that their efforts span from bolstering production capacity in Qatar to the development of the Golden Pass LNG export project in the United States, in addition to our commitments in various LNG receiving terminals in Europe, including the Montoir-de-Bretagne LNG Terminal in France.

QatarEnergy and TotalEnergies sign 27-year LNG supply agreementQatarEnergy and TotalEnergies sign 27-year LNG supply agreement
QatarEnergy and TotalEnergies sign 27-year LNG supply agreementQatarEnergy and TotalEnergies sign 27-year LNG supply agreement
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