Qatar Petroleum sign 20-year SPA for LNG delivery with Korea Gas


A 20-year Sales and Purchase Agreement (SPA) has been signed between Qatar Petroleum and Korea Gas Corporation (KOGAS) for the supply of two million tonnes per annum (MTPA) of liquefied natural gas (LNG) to the Republic of Korea.

The LNG will be delivered to KOGAS’ LNG receiving terminals in the Republic of Korea and delivery itself will begin in January 2025.

A ceremony held at Qatar Petroleum’s headquarters saw the agreement signed by Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Hee-Bond Chae, President and CEO of KOGAS.

Commenting on the deal, Al-Kaabi said, “We are both proud and delighted to continue to serve as a major LNG supplier to KOGAS and the Republic of Korea.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...