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Kuwait in talks with Qatar for new LNG supply deal from North Field: Reuters exclusive

Middle East News

20-08-2024 | 09:43

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Kuwait in talks with Qatar for new LNG supply deal from North Field: Reuters exclusive

Qatar Energy is in talks with Kuwait Petroleum Corporation (KPC) for a new long-term supply of liquefied natural gas (LNG) to help meet rising demand for power generation in the Gulf Arab state, five trading and industry sources told Reuters.

The deal would see Qatar providing Kuwait with 3 million metric tons per annum (mtpa) of the seaborne fuel over 15 years from its North Field project, which is expected to commence operation in 2026, four of the sources said.

Reuters

Middle East News

Qatar Energy

Kuwait Petroleum Corporation (KPC)

LNG

Gulf

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