{"id":104060,"date":"2023-10-20T14:52:36","date_gmt":"2023-10-20T18:52:36","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/qatar-second-eu-lng-supply-agreement\/"},"modified":"2025-08-12T10:17:20","modified_gmt":"2025-08-12T14:17:20","slug":"qatar-second-eu-lng-supply-agreement","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/qatar-second-eu-lng-supply-agreement\/","title":{"rendered":"Qatar signs second EU LNG supply deal"},"content":{"rendered":"\n<p>Inspenet, October 20, 2023.<\/p>\n\n\n\n<p>QatarEnergy (QE) and Shell have signed two liquefied natural gas (LNG) supply agreements covering a period of 27 years, with a volume of up to 3.5 million tonnes annually from 2026. This makes the Netherlands the second European country, after France, to make gas purchases beyond the year 2050.<\/p>\n\n\n\n<p>The LNG will be delivered to the Gate LNG terminal, located at the port of Rotterdam, according to the statement issued by QE.<\/p>\n\n\n\n<p>The LNG volumes will come from joint ventures between QE and <strong><a href=\"https:\/\/inspenet.com\/en\/news\/totalenergies-tender-green-hydrogen\/\" data-type=\"post\" data-id=\"99942\">TotalEnergies<\/a><\/strong> , which have interests in the Qatari North Field East (NFE) and North Field South (NFS) projects, as indicated by QE. It should be noted that on October 11, QE signed a similar contract with TotalEnergies.<\/p>\n\n\n\n<p>In both agreements, it is not specified whether there is a minimum supply obligation to France. QatarEnergy has had flexible supply agreements in Europe for some time, which do not require a minimum guaranteed delivery. These agreements provide the company with a type of put option that allows it to ship uncommitted LNG cargoes to Europe after meeting its delivery obligations to customers elsewhere that have contractual flexibility to adjust their purchases.<\/p>\n\n\n\n<p>It is important to highlight that Shell has a 6.25% interest in the NFE project, which has a capacity of 32 million tons per year, and a 9.375% interest in the NFS project, which has a capacity of 16 million tons per year.<\/p>\n\n\n\n<p>For its part, the EU aims to achieve climate neutrality by 2050, which implies an economy that does not emit more greenhouse gases than it can absorb.<\/p>\n\n\n\n<p>This objective is fundamental in the context of the European Green Deal and aligns with the EU&#8217;s commitment to contribute to global climate action as set out in the Paris Agreement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Qatar&#8217;s position<\/h2>\n\n\n\n<p>Qatar&#8217;s Energy Minister and QatarEnergy CEO Saad al-Kaabi mentioned in January that the NFE and NFS projects, with a combined capacity of 48 million tonnes per year, could run out by the end of this year.<\/p>\n\n\n\n<p>This has generated interest from buyers in the Asia-Pacific region, who are aware of the growing demand for liquefied natural gas in Europe. &#8221; <em>2023 is going to be a very big year for Qatar<\/em> ,&#8221; he said. &#8221; <em>Many things are going to be announced<\/em> .&#8221;<\/p>\n\n\n\n<p>Source: https:\/\/www.worldenergytrade.com\/oil-gas\/general\/qatar-firma-el-segundo-acuerdo-de-suministro-de-gnl-de-la-ue-mas-alla-de-2050<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inspenet, October 20, 2023.<br \/>\nQatarEnergy (QE) and Shell have signed two liquefied natural gas (LNG) supply agreements covering a period of 27 years, with a volume of up to 3.5 million tonnes annually from 2026.<\/p>\n","protected":false},"author":8403,"featured_media":104052,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-104060","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/104060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8403"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=104060"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/104060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/104052"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=104060"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=104060"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=104060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}