Qatargas and Polish Oil and Gas Company announce new LNG agreement

Qatargas, the World’s Premier Liquefied Natural Gas Company, today announced the signing of a side agreement to the existing Sale and Purchase Agreement (SPA) with Polish Oil and Gas Company (PGNiG). Under the terms of the agreement, Qatargas will increase the volume of liquefied natural gas (LNG) currently supplied to PGNiG to two million tonnes per annum (MTPA). The new agreement will come into effect on 1 January 2018 and will run until June 2034, the company said in its press release.

The LNG will be supplied from Qatar Liquefied Gas Company Limited (3) (“Qatargas 3”), a joint venture between Qatar Petroleum, ConocoPhillips, and Mitsui & Co. Ltd., and will be delivered on board Q-Flex LNG vessels to the President Lech Kaczynski LNG Terminal in Swinoujscie, Poland.