Sunday 24 April 2011

Gulf Times – Qatargas, Centrica sign deal

Qatargas will supply UK’s largest gas supplier Centrica 2.4mn tonnes per year (tpy) of LNG from the Qatargas 4 project for the next three years.
An agreement to this effect was signed by the two companies on Thursday.

Liquefied natural gas, under the sale and purchase agreement (SPA), will be delivered at the UK Isle of Grain Terminal.

The UK is the world’s third largest consumer of gas and one of the fastest growing markets for gas imports. In 2010, Qatar met about 15% of the UK’s total gas demand.

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