Kuwait signs $12 billion LNG supply deal with Shell - The Economic Times:
"Kuwait's state oil group said it signed a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell on Sunday, worth an estimated $12 billion, as the major oil exporter seeks to meet energy demands for the hot summer months.
The deal between Kuwait Petroleum Corp (KPC) and Shell was reported last month in a Kuwaiti newspaper but with no financial details.
KPC also plans to sign a $3 billion deal LNG supply deal with BP on Monday, said Nasser al-Mudaf, head of KPC's international marketing division.
He did not provide the volume of the super-cooled gas that would be supplied by the companies. A Shell spokesman said he could not comment on details of commercial agreements. "
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