Qatargas announced that it has signed a new Sale and Purchase Agreement (SPA) with OMV Gas Marketing & Trading. According to the agreement, Qatargas will deliver up to 1.1 million tonnes of LNG per annum to the Austrian company for five years.
Beginning in January 2019, the agreement provides for the supply of LNG from Qatar Liquefied Gas Company Limited, a joint venture between Qatar Petroleum and Shell.
The LNG will be delivered to the Gate LNG Terminal in the Netherlands onboard Qatargas’ chartered LNG vessels.
Commenting on the agreement, Manfred Leitner, OMV Executive Board member responsible for Downstream, noted: “The agreement is in line with OMV’s gas strategy to ensure security of supply for Europe and it supports our efforts to employ our LNG infrastructure including the GATE terminal in Rotterdam. This milestone follows on years of a successful business relationship and we are pleased to now add Qatargas as one of our long-term suppliers of LNG.”
From his part, Sheikh Khalid Bin Khalifa Al-Thani, Chief Executive Officer, Qatargas said that this agreement aims to provide clean energy in Europe and worldwide.
