The 3.5 million tonnes per year supply deal is tied to the agreed stake in the lucrative North Field project.
DOHA: Qatar has agreed to supply British firm Shell with natural gas for 27 years, the Gulf emirate’s state-owned energy company announced on Wednesday.
Qatar will supply 3.5 million tonnes of gas a year under the deal, QatarEnergy said, following two agreements with Shell for a share of the Gulf state’s huge North Field gas expansion project. “These agreements reaffirm Qatar’s commitment to help meeting Europe’s energy demands and bolstering its energy security with a source known for its superior economic and environmental qualities,” he added,
In July the same year it also agreed to a 6.25% share in the first phase of the expansion, North Field East.The deal with Shell is equal in length to an agreement with France’s TotalEnergies announced earlier this month for a 27-year supply of natural gas.