Conoco signs up to receive Qatari LNG in Germany

germany,lng,nfe,qatarenergy,north
Qatar
  • Date: 29-Nov-2022
  • Source: Energy Voice
  • Sector:Oil & Gas
  • Country:Qatar
  • Who else needs to know?

Conoco signs up to receive Qatari LNG in Germany

Industry news, Real Estate, Financial Markets, Banking, Startups, Stock Exchange, Oil & gas, Technology, Professionals, Business news, Research

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.

Follow the conversation
Industry news, Real Estate, Financial Markets, Banking, Startups, Stock Exchange, Oil & gas, Technology, Professionals, Business news, Research