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Qatargas signs SPA with UK firm Centrica

Qatargas signs SPA with UK firm Centrica

Sep 07, 2016
2 min read
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Qatargas has signed a Sales and Purchase Agreement with UK firm Centrica. Qatargas will deliver up to 2 million tonnes of Liquefied Natural Gas (LNG) per annum to Centrica until 2023.

Saad Sherida Al Kaabi, CEO and president of Qatar Petroleum, and Chairman of Qatargas’ Board of Directors, said: "We are delighted to extend our strong relationship with Centrica and the United Kingdom. This agreement underscores Qatargas' reputation as a safe and reliable supplier of LNG. Furthermore, this agreement has the potential to positively contribute to the United Kingdom's energy security for years to come."

Commenting on the newly signed deal, Khalid Bin Khalifa Al Thani, Chief Executive Officer, Qatargas, said: "Qatargas is pleased to lengthen our existing partnership with Centrica - a partnership which dates back to 2011. This new agreement reinforces Qatargas' commitment to building a strong relationship with customers, and our position as the leading supplier of LNG to the United Kingdom." 

Centrica Chief Executive, Iain Conn said: "Centrica continues to grow its LNG portfolio, further developing its presence in the global LNG market. I am very pleased that our long-standing supply relationship with the world's biggest LNG producer will continue."

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