HomeNewsQatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually

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Qatar Petroleum and Korea Gas Corporation (KOGAS) signs a 20-year SPA to supply 2 Million tons of LNG Annually

7/12/2021

Qatar Petroleum - Press release Qatar Petroleum entered into a new, 20-year Sale and Purchase Agreement (SPA) with Korea Gas Corporation (KOGAS) for the supply of 2 million tons per annum (MTPA) of LNG to the Republic of Korea. The agreement was signed today by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Mr. Hee-Bong Chae, the President and CEO of KOGAS, during a special ceremony held at Qatar Petroleum’s headquarters. The ceremony was attended by senior executives from KOGAS, Qatar Petroleum, and Qatargas. Pursuant to the SPA, LNG supplies will commence in January 2025, and will be delivered to KOGAS’ L

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