Conoco signs up to receive Qatari LNG in Germany
Conoco signs up to receive Qatari LNG in Germany
QatarEnergy (QE) has struck a deal to supply LNG to ConocoPhillips, for delivery to Germany into the 2030s.
Conoco signed two agreements, covering supplies from the North Field East (NFE) and North Field South (NFS) expansion projects. Qatar will provide 2 million tonnes per year. This is the second offtake agreement for volumes from the NFE project.
Conoco has a 3.125% stake in NFE and 6.25% in NFS. These will start producing in 2026 and 2027 respectively.