Doha, 22 Feb. 2021 (QP)
Qatar Petroleum entered into a long term Sale and Purchase Agreement (SPA) with Vitol for the supply of 1.25 million tons per annum (MTPA) of liquefied natural gas (LNG) to Vitol’s final customers in Bangladesh.
Under the agreement, LNG deliveries will commence later this year, further demonstrating the State of Qatar’s continued commitment to meeting the growing needs of its customers for reliable LNG supplies.
Sa’ad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum welcomed the signing of the agreement and said, ‘We are pleased to sign this SPA with Vitol, and we look forward to commencing deliveries under the SPA to further contribute to meeting Bangladesh’s energy requirements’.
Al-Kaabi added that ‘This SPA also highlights our strong ability to meet the requirements of our partners and customers. We are proud to continue to be the supplier of choice for our customers and partners around the globe’.
Qatar Petroleum is an integrated national oil corporation responsible for the sustainable development of the oil and gas industry in the State of Qatar and beyond.