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Tribune News Network
Doha
Qatar Petroleum (QP) on Wednesday entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tonnes per annum (MTPA) of LNG.
The SPA was signed by the Minister of State for Energy Affairs and QP President and CEO HE Saad Sherida Al Kaabi and CPC President and Acting Chairman Shun-Chin Lee during a virtual ceremony attended by Qatargas CEO Sheikh Khalid bin Khalifa Al Thani and senior officials from both sides.
Pursuant to the agreement, LNG deliveries will commence in January 2022 to CPC’s receiving LNG terminals. This SPA further demonstrates Qatar’s continued commitment to meeting the growing energy requirements of its customers around the world in the form of reliable long-term LNG supplies.
Commenting on this occasion, Kaabi said, “We are pleased to enter into this long-term LNG SPA, which is another milestone in our relationship with CPC that dates back to almost three decades. We look forward to commencing deliveries under this SPA and to continuing our supplies as a trusted and reliable global LNG provider.”
Kaabi said, “We are grateful to CPC and all our customers around the world for selecting us as their trusted LNG supplier of choice. I would like to take this opportunity to thank the management of CPC and the negotiating teams from both sides for their efforts in concluding this SPA. I also would like to offer my thanks and gratitude to Qatargas CEO Sheikh Khalid bin Khalifa Al Thani for his valuable contribution, to achieve this important milestone.”
Since the first LNG delivery in March 2006 to date, CPC has received more than 63 million tonnes of LNG from Qatar.
Doha
Qatar Petroleum (QP) on Wednesday entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tonnes per annum (MTPA) of LNG.
The SPA was signed by the Minister of State for Energy Affairs and QP President and CEO HE Saad Sherida Al Kaabi and CPC President and Acting Chairman Shun-Chin Lee during a virtual ceremony attended by Qatargas CEO Sheikh Khalid bin Khalifa Al Thani and senior officials from both sides.
Pursuant to the agreement, LNG deliveries will commence in January 2022 to CPC’s receiving LNG terminals. This SPA further demonstrates Qatar’s continued commitment to meeting the growing energy requirements of its customers around the world in the form of reliable long-term LNG supplies.
Commenting on this occasion, Kaabi said, “We are pleased to enter into this long-term LNG SPA, which is another milestone in our relationship with CPC that dates back to almost three decades. We look forward to commencing deliveries under this SPA and to continuing our supplies as a trusted and reliable global LNG provider.”
Kaabi said, “We are grateful to CPC and all our customers around the world for selecting us as their trusted LNG supplier of choice. I would like to take this opportunity to thank the management of CPC and the negotiating teams from both sides for their efforts in concluding this SPA. I also would like to offer my thanks and gratitude to Qatargas CEO Sheikh Khalid bin Khalifa Al Thani for his valuable contribution, to achieve this important milestone.”
Since the first LNG delivery in March 2006 to date, CPC has received more than 63 million tonnes of LNG from Qatar.
