Qatargas, the World's Premier LNG Company, today announced a flexible Sale and Purchase Agreement (SPA) with RWE Supply & Trading (RWEST), a leading European electricity and gas company. Qatargas will deliver up to 1.1 million tonnes of Liquefied Natural Gas (LNG) per annum to RWEST in North West Europe for seven and a half years.
The LNG will be supplied from Qatargas 3, a joint venture between Qatar Petroleum, ConocoPhillips and Mitsui & Co. Ltd. Qatargas chartered Q-Flex LNG vessels will deliver the LNG to RWEST in North West Europe.
RWE is one of Europe's leading electricity and gas companies, serving over 16 million electricity and 7 million gas customers.