Tag Archives: Qatar Petroleum

In a press conference, the Minister of State for Energy Affairs and QatarEnergy’s CEO Saad Sherida al-Kaabi revealed the brand name and the logo. Al-Kaabi said: • This follows a historic evolution that saw Qatar Petroleum Company (QPC) transform into Qatar General Petroleum Corporation (QGPC), then becoming Qatar Petroleum (QP), …

Qatar Petroleum has ordered its first Chinese-built gas carriers, opting for four LNG carriers from Hudong-Zhonghua Shipbuilding in a deal worth approximately $770m. These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program, which will cater for future LNG fleet requirements for the North …

Qatar Petroleum has let an engineering, procurement, and construction (EPC) contract for its North Field expansion project to Técnicas Reunidas SA. Técnicas Reunidas will act as the EPC contractor for the expansion of existing liquid products (condensate, propane, and butane) storage and loading facilities and the expansion of import facilities …

Recovering LNG demand, buoyed by China’s record-high LNG imports and low storage levels in Europe will combine to make 2021 a “remarkable year for LNG shipping”, according to a Drewry Maritime Research senior lead analyst Aman Sud. “LNG shipping rates, which started the year on a high are expected to …

Qatar Petroleum (QP) has finalized a 20-year sale and purchase agreement to supply liquefied natural gas (LNG) to Korea. The agreement with Korea Gas Corporation (KOGAS) covers the supply of 2 million tons-a-year of LNG, QP said in a filing. Shipments will start by January 2025, and will be delivered …

Qatar Petroleum has signed agreements with TotalEnergies to acquire a stake in three offshore exploration blocks in South Africa. The assets involved in the deal include the South Outeniqua block, DWOB block, and OBD block. Under the deal, the state-owned firm will acquire a stake of 25% in the approximately …

Qatar Petroleum has signed a sale and purchase agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to China for 10 years. LNG deliveries will commence in January 2022 to various LNG terminals in China. Saad Sherida Al-Kaabi, the Minister of State for …

Qatar Petroleum (QP) on Wednesday entered into a long-term Sale and Purchase Agreement (SPA) with Shell for the supply of 1 million tons per annum (MTPA) of LNG to the People’s Republic of China for ten years. LNG deliveries will commence in January 2022 to various LNG terminals in China, …

Qatar Petroleum has decided to take over full ownership of the Qatargas Liquefied Natural Gas Company (QG1) on 1 January 2022. The company noted on Tuesday it will not be renewing the QG1 joint venture upon the expiry of the relevant agreements on 31 December 2021. Established in 1984, QG1 …

Qatar Petroleum, along with several leading international LNG players, signed a multi-party agreement with LNT Marine, the American Bureau of Shipping (ABS), and Shanghai Waigaoqiao Shipbuilding (SWS) to collaborate on the development of new medium and large liquefied natural gas (LNG) carrier designs. The agreement paves the way for the …