LNG
Agreement encompasses the offtake of 0.4 million metric tons per annum of LNG from Oman LNG for four years starting in 2026
QatarEnergy and Shell have a strong alliance with multiple joint investments in the energy sector, both in Qatar and globally
Aramco's agreement with Hengli Group enables talks for a potential 10 percent stake acquisition
The QC-Max vessels are the largest LNG carriers, each with a 271,000 cubic meter capacity
This figure marks an increase from QAR6.8 billion in 2022
The LNG will primarily be sourced from ADNOC's Ruwais LNG project
The contracted LNG volumes will be delivered ex-ship to Kuwait's Al-Zour LNG Terminal using QatarEnergy's LNG vessels starting in January 2025.
The country is reviving ambitions to become regional LNG hub after clearing petroleum sector arrears
Qatar's gas production will stay steady for 140 years before a major boom
ADNOC Gas fulfils over 60 percent of the UAE’s gas demand and is a major player in fueling the development of key industrial sectors
Agreement marks ADNOC's first long-term LNG deal with Osaka Gas, underscoring the long-standing energy partnership between the UAE and Japan
