QatarEnergy struck a deal with Shell to buy a 27% interest in the North Cleopatra offshore oil and gas block in Egypt, with Shell retaining 36% in the block. The deal is pending the approval of the Egyptian government. The Qatari state energy major has been expanding in Egypt alongside …
Read More »MOL and QatarEnergy Sign Time Charter for Six LNG Carrier Newbuilds
Mitsui O.S.K. Lines, Ltd has entered into a long-term time charter contract of six QC-MAX, 271 000 m3 LNG carriers with QatarEnergy. The vessels will be built at Hudong-Zhonghua Shipbuilding (Group) Co., Ltd in China, for delivery between 2028 – 2031, and be jointly owned with COSCO SHIPPING LNG Investment …
Read More »QatarEnergy Expands LNG Fleet with Long-Term Contracts for New Vessels
QatarEnergy has selected a joint venture between Japan’s Mitsui O.S.K Lines Ltd. (MOL) and China’s COSCO Shipping LNG Investment (CSLNG) to own and operate six QC-Max size LNG vessels, Trend reports. The vessels will be constructed by Hudong-Zhonghua Shipbuilding Group, a subsidiary of China State Shipbuilding Corporation (CSSC), in China. …
Read More »QatarEnergy Inks Deal to Supply LNG for Shell Operations in China
Shell PLC has committed to buy three million tons per annum (MMtpa) of liquefied natural gas (LNG) from QatarEnergy for the British energy giant’s activities in China. Delivery under the long-term deal will start January 2025, QatarEnergy said in an online statement, not specifying the duration of the agreement. “This …
Read More »QatarEnergy Inaugurates Rex Tillerson LNG Vessel
QatarEnergy has inaugurated the “Rex Tillerson” liquified natural gas (LNG) vessel in the Chinese city of Shanghai, marking the first such ceremony of the Qatari company’s major shipbuilding programme. Named after the 69th U.S. Secretary of State, the ship was constructed at the Hudong-Zhonghua Shipyard as part of a 12-ship …
Read More »Qatar Signs Deals for more Ships ahead of Massive LNG Expansion
QatarEnergy has signed four agreements to charter 19 liquefied natural gas carriers from Asian ship operators as it prepares to ramp up output. China’s CMES Co. Ltd. and Shandong MarineGroup Ltd. will supply six vessels each, Qatar’s energy minister Saad Al-Kaabi said at a ceremony in Doha on Sunday. Malaysia’s …
Read More »Qatar Extends North Field, Targets even more LNG Production
QatarEnergy (QE) will target 142 million tonnes per year of LNG production before 2030, up from its previous goal of 126mn tpy by 2027. QE president and CEO Saad Sherida Al-Kaabi, also the Minister of State for Energy Affairs, set out the plans for the expansion at a press conference …
Read More »Qatar Set to Sign more LNG Supply Deals with Europe and Asia
QatarEnergy, the state giant of one of the world’s top liquefied natural gas exporters, expects to soon announce new LNG supply agreements with European and Asian buyers as it is working on the world’s largest LNG export capacity expansion. QatarEnergy could also sign additional agreements to welcome more partners in …
Read More »Petronet LNG and QatarEnergy Sign Largest ever LNG Contract Extension
Petronet LNG (PLL) and QatarEnergy (QE) recently announced the extension of their longstanding contract by 20 years at India Energy Week in Goa. According to Wood Mackenzie, the Sales and Purchase Agreement (SPA) extension between QE and PLL covers a total volume of 150 t over 20 years, making it …
Read More »QatarEnergy, Petronet Sign 20-Year Contract for LNG Supplies to India
QatarEnergy inked a 20-year deal with India’s Petronet for the supply of 7.5 million tons per annum (mtpa) of LNG to India, the Qatari company announced on Tuesday. As part of the deal, starting May 2028, QatarEnergy’s vast LNG fleet will deliver the contracted LNG volumes to Indian terminals, the …
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