QatarEnergy, Shell strengthen global partnership with 3.5 MTPA LNG deal

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QatarEnergy and Shell have cemented their partnership with the signing of two significant long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons per annum (MTPA) of liquefied natural gas (LNG). The agreements outline the delivery of LNG from Qatar to the Netherlands, commencing in 2026 and extending over a 27-year term.

The LNG shipments will be directed to the Gate LNG terminal situated in the port of Rotterdam. These volumes will be sourced from joint ventures between QatarEnergy and Shell that maintain interests in Qatar’s North Field East (NFE) and North Field South (NFS) expansion projects.

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The SPAs were formally signed at a special event in Doha, attended by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President and CEO of QatarEnergy, along with Mr. Wael Sawan, the CEO of Shell, and senior executives from both organizations.

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In a statement regarding this significant milestone, Minister Al-Kaabi expressed their enthusiasm, saying, “We are delighted to sign these two long-term LNG sale and purchase agreements with Shell that will further enhance our decades-long relationship and strategic partnership in Qatar and around the world. There is no doubt that the contracted LNG volumes underscore the vital role natural gas plays in the energy transition and in supporting energy security of customers across the globe.”

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