QatarEnergy and TotalEnergies signed a 27-year LNG supply contract to France

Subsidiaries of QatarEnergy and France's TotalEnergies have signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million tons of LNG (4.8 bcm) per year from Qatar to France. This became known from the statement of QatarEnergy.

The LNG will be delivered to the Fos Cavaou terminal in southern France. It is expected that deliveries will begin in 2026 and will be carried out for 27 years.

LNG volumes will come from two joint ventures, QatarEnergy and TotalEnergies, which own interests in Qatar's North Field East (NFE) and North Field South (NFS) projects.

TotalEnergies' partnership in the Northern LNG expansion projects consists of a 6.25% interest in the NFE project and a 9.375% interest in the NFS project.

The contracts were signed by Qatar's Minister of State for Energy, His Highness Saad Sherid Al Kaabi, President and Chief Executive Officer of QatarEnergy, and TotalEnergies CEO Patrick Pouyanne in the Qatari capital.

15:00 / 11 October 2023

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