State-controlled Qatargas has signed a five-year sales and purchase agreement (SPA) with Germany’s E.ON to supply 1.5mn tons/year of LNG.
Under the terms of the deal, Qatargas-4 (Train 7) – a joint venture, 70% controlled by Qatar Petroleum (QP) and 30% by Shell – will supply Gasunie and Vopak’s Gate LNG terminal in Rotterdam from January 2014. The deal is flexible and will allow Qatargas to divert its supply to other customers. (CONTINUED - 381 WORDS)
