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Qatar Petroleum signs 20-year deal to supply LNG to Korea

Qatar Petroleum signs 20-year deal to supply LNG to Korea DOHA, 14 hours, 43 minutes ago Qatar Petroleum (QP) has entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (Kogas) for the supply of two million tons per annum (MTPA) of LNG to the Republic of Korea. The agreement was signed today by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Hee-Bong Chae, the President and CEO of Kogas, during a special ceremony held at Qatar Petroleum’s headquarters. Pursuant to the SPA, LNG supplies will commence in January 2025, and will be delivered to Kogas’ LNG receiving terminals in the Republic of Korea.

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