Qatargas, signed a 20-year Liquefied Natural Gas (LNG) sale and purchase agreement (SPA) with Pakistan based Global Energy Infrastructure Limited (GEIL). The first cargo is expected to be delivered to Pakistan in 2018 by Qatargas-chartered Q-Flex vessels, reported Al-Bawaba.
Under the terms of the agreement, the Qatari company is expected to supply GEIL with 1.3mt/y of LNG to Pakistan with provisions allowing the volume to increase to 2.3mt/y, according to Zawya.
Qatar Petroleum’s President and CEO as well as Qatargas’ Chairman, Saad Sherida Al-Kaabi, and Qatargas’ CEO, Khalid Bin Khalifa Al-Thani witnessed the signing of the agreement , in the presence of Pakistan’s Prime Minister, Muhammad Nawaz Sharif.
In related news, Egypt Oil&Gas reported earlier that Dolphin Energy Limited has signed a long-term gas sale and purchase agreement with Qatar Petroleum. Qatar Petroleum will deliver additional quantities of gas to Dolphin for export to the United Arab Emirates through the existing 48-inch sub-sea pipeline.