Exclusive - QatarEnergy to sign long-term LNG supply deal with Bangladesh

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Exclusive - QatarEnergy to sign long-term LNG supply deal with Bangladesh
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DUBAI/DHAKA : QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh's state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar's North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annuall

DUBAI/DHAKA : QatarEnergy will sign a long-term liquefied natural gas supply deal with Bangladesh's state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar's North Field expansion project.

But Asia, with an appetite for long-term sales and purchase agreements, has been ahead so far in securing gas from Qatar's massive production expansion project. The two-phase expansion plan will raise Qatar's liquefaction capacity to 126 million tonnes per year by 2027 from 77 million.

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