State-run Qatar Petroleum (QP) said on Sunday it had signed a 15-year agreement to supply Kuwait with up to 3 million tonnes of liquefied natural gas (LNG) per year.
Deliveries to Kuwait’s al-Zour port will begin in 2022 to help meet Kuwait’s growing energy needs, particularly in the power generation sector, QP said in a joint statement with Kuwait Petroleum Corp (KPC).
Qatar, the world’s top supplier of LNG, plans to boost its production of LNG to 126 million tonnes a year (mtpa) by 2027.
The deal would help Kuwait to meet its requirement for cleaner sources of energy and would contribute to reducing emissions and improving local air quality, Kuwait’s oil minister Khaled al-Fadhel said in the statement.
Read the full article on Reuters, January 5, 2020