Qatar Energy signs 27 years LNG supply deal with Italy’s Eni
State-owned QatarEnergy has signed an agreement to supply liquified natural gas (LNG) to Italy’s Eni for a period of 27 years, Reuters reports
Erin
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According to the report, affiliates of QatarEnergy and Eni signed a long-term sale and purchase agreement for up to 1 million tons per year (mtpa) of liquefied natural gas (LNG) from Qatar’s North Field expansion project.
LNG will be delivered to the FSRU Italia, a floating storage and regasification unit in Tuscany’s port of Piombino from 2026.
Eni has a 3.125 per cent stake in the North Field East expansion that, together with the North Field South expansion, will lift Qatar’s liquefaction capacity to 126 mtpa by 2027 from 77 mtpa.
Qatar, already the world’s top LNG exporter, in the last two weeks signed 27-year deals to supply 3.5 mtpa from 2026 to Shell and TotalEnergies, its largest and longest European gas supply deals.
Source: Middle East Monitor under CC BY-NC-SA 4.0 DEED
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