Qatargas and OMV sign five year LNG agreement - The Peninsula Qatar:
"Qatargas Operating Company Limited (Qatargas) today announced the signing of a new Sale and Purchase Agreement (SPA) with OMV Gas Marketing & Trading (OMV). Under the terms of the agreement, Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to the Austrian company for five years. Commenting on this occasion, Saad Sherida Al Kaabi, President and Chief Executive Officer of Qatar Petroleum, and Chairman of the Qatargas Board of Directors, said: “We are very pleased to announce this new deal with OMV – an international, integrated oil and gas company operating from the heart of Europe. OMV provides major European customers and distributors with tailored natural gas solutions, and we look forward to supplying them with reliable Qatari LNG.” Al Kaabi added: “With this deal, Qatargas has once again demonstrated its ability to capture new opportunities and expand its network of customers in an evolving market.”"
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