QatarEnergy, Eni ink 27-year LNG supply deal for Italy

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Affiliates of QatarEnergy and Eni have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) for the supply of up to one million tons per annum (MTPA) of LNG from Qatar to Italy.

Pursuant to the SPA, the LNG will be delivered to Italia, a floating storage and regasification unit (FSRU), located in the port of Piombino, in Italy’s Tuscany region. 

LNG deliveries are expected to start in 2026 for a term of 27 years and will be sourced from the joint venture between QatarEnergy and Eni that holds an interest in Qatar’s North Field East (NFE) expansion project.

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The SPA was signed by Saad Sherida Al-Kaabi, the minister of state for energy affairs, the president and chief executive officer (CEO) of QatarEnergy, and Claudio Descalzi, the CEO of Eni, at a special event held in Doha in the presence of senior executives from both companies.

Commenting on this occasion, Al-Kaabi said: “Together, we will continue to demonstrate commitment to the European markets in general, and to the Italian market in particular. Since 2009, Qatari LNG has been arriving at the Adriatic LNG terminal in the northern Adriatic to meet more than 10% of Italy’s natural gas requirements.”

Eni is a partner in the 32 MTPA NFE expansion project with a 3.125% share.

QatarEnergy also recently signed deals with other partners to supply LNG to France and the Netherlands

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