Qatargas Inks Deal to Supply LNG to Kuwait Petroleum

Qatargas has signed a deal to supply half a million tons of LNG to Kuwait Petroleum Corporation (KPC) over the next four years, starting March 2016.

The LNG will be supplied by Qatargas 2 and will be delivered onboard Q-Flex LNG vessels, chartered by Qatargas, to KPC’s Mina al-Ahmadi LNG receiving terminal in Kuwait, state run Qatar News Agency reported Wednesday.

Kuwait’s LNG delivery season generally stretches from March to November.

Qatargas has been supplying Kuwait with the majority of its LNG requirements for the past five years through both direct sales to KPC and through third parties who have made deals with both Qatargas and KPC, Qatar News Agency added.