Qatar signs deal with Shell to supply more LNG to China

qatar china lng shell project
Qatar
  • Date: 01-Jul-2021
  • Source: Energy Voice
  • Sector: Economy
  • Country: Qatar
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Qatar signs deal with Shell to supply more LNG to China

Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.

Under the latest deal with Shell, LNG deliveries will start in January 2022 to various LNG terminals in China, Qatar Petroleum said yesterday. China is set to become the world’s largest LNG importer this year.

The deal should come as no surprise. China’s LNG demand continues to expand and suppliers in Qatar, Russia, and Africa, look set to benefit as China seeks to diversify its import mix that has become more reliant on Australian LNG in recent years.

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