Kuwait Signs LNG Deal With Shell, BP

Kuwait has signed deals with Royal Dutch Shell and BP for supply of LNG, news agency Reuters reports citing local newspaper Al-Seyassah.

Jamal Al-Loughani, deputy director of marketing at Kuwait Petroleum Corp. (KPC), told the Al-Seyassah newspaper that Shell and BP have been contracted to supply the OPEC member country over the next 5-6 summers, adds Reuters.

Al-Loughani said total amount of fuel imported would be around 2.5 million tonnes a year.

Kuwait began importing LNG in 2009 and signed deals for Shell and Swiss-based trader Vitol to supply it during the peak power demand period from April to October over the last four summers, says Reuters.

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