11 October 2012
Details
Qatar Liquefied Gas Company Limited (3) (Qatargas3)
signed a new long-term Liquefied Natural Gas (LNG)
Sales and Purchase Agreement (SPA) with
Chubu Electric Power Company incorporated
(Chubu Electric) of Japan
Under the terms of the agreement,
Qatargas 3 will deliver up to 1 million tonnes per annum
of LNG for a period of 15 years starting from 2013
3rd contract in 2012
The new SPA with Chubu Electric is the third long-term contract
concluded between Qatargas and Japanese buyers in 2012.
1st contract in 2012
Qatargas signed a long-term SPA with
Tokyo Electric Power Company (TEPCO) in June this year,
2nd contract in 2012
followed by another agreements with
Kansai Electric Power Company (KEPCO)
last September.
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Japan is the largest LNG importer in the world and
this deal expands the continued partnership between
the State of Qatar and Japan and
reinforces Qatar's role as a secure and reliable supplier
of LNG to Japan.
WWW.CHEMWINFO.COM BY KHUN PHICHAI