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QP, Taiwan s CPC ink LNG deal

QP, Taiwan s CPC ink LNG deal Jul 8, 2021 3:47:am Summary by: Shardul Sharma Posted in: QP, Taiwan s CPC ink LNG deal Qatar Petroleum (QP) on July 7 entered into a 15-year LNG sale and purchase agreement with Taiwanese utility CPC Corp for the supply of 1.25mn metric tons/year of LNG. QP will begin delivering LNG in January 2022. “We are grateful to CPC and all our customers around the world for selecting us as their trusted LNG supplier of choice,” QP CEO Saad Sherida Al-Kaabi said. Since the first LNG delivery in March 2006 to date, CPC has received more than 63mn mt of LNG from Qatar, QP said.

QP signs 15-year deal to supply LNG to Taiwan

QP signs 15-year deal to supply LNG to Taiwan DOHA, 15 hours, 42 minutes ago Qatar Petroleum (QP) has entered into a 15-year LNG Sale and Purchase Agreement (SPA) with CPC Corporation, Taiwan (CPC) for the supply of 1.25 million tons per annum (MTPA) of LNG. The SPA was signed Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Shun-Chin Lee, the President and Acting Chairman of CPC, during a virtual ceremony attended by Sheikh Khalid bin Khalifa Al Thani, CEO of Qatargas and senior officials from both sides. Pursuant to the agreement, LNG deliveries will commence in January 2022, and will be delivered to CPC’s receiving LNG terminals. This SPA further demonstrates the State of Qatar’s continued commitment to meeting the growing energy requirements of its customers around the world in the form of reliable long-term LNG supplies.

Qatar Petroleum Inks 15-Year Agreement To Supply LNG to Taiwan

Qatar Petroleum Inks 15-Year Agreement To Supply LNG to Taiwan
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