ENOC enters 10-year supply deal with QatarEnergy

ENOC enters 10-year supply deal with QatarEnergy

ENOC Group announced a 10-year sale agreement with QatarEnergy starting from July 2023, according to a press release. Upon the agreement, QatarEnergy will supply up to 120 million barrels of condensates to ENOC. QatarEnergy, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company Limited (QPSPP), signed the deal with ENOC Supply & Trading LLC, a subsidiary of ENOC. Al Falasi added: : The agreement allows parties to further increase the condensate volumes under the contract. ENOC noted that additional condensate volume is expected to be exported from Qatar once the production begins after expansion projects in the North Field East (NFE) and North Field South (NFS) are completed.