A contract for British energy company Centrica for liquefied natural gas from Qatar is necessary to ensure energy security, the British energy minister said.
Centrica announced Wednesday it signed a four and a half year contract to purchase as much as three million tonnes of liquefied natural gas (LNG) a year from Qatar.
“Long-term deals of this kind with reliable suppliers like Qatar are vital for our future energy security,” British Energy Minister Michael Fallon said in a statement.
The $7bn deal could secure the energy needs of 13% of British households each year.
“It is vital that the UK has a diverse range of sources of supply to meet its energy requirements,” Centrica Chief Executive Officer Sam Laidlaw said.
The British economy imported 32% of its oil needs in 2012, up from the 25% reported for 2012. Gas imports should increase from 49% in 2012 to 53% in 2020.
Most of the British imports of LNG come from Qatar. The country relies on natural gas imported through pipelines from Norway and the Netherlands for the bulk of its imports.
The first US flag vessel to be operated on liquefied natural gas (LNG) has had valves supplied by Sheffield-based Bestobell Valves, part of the President Engineering Group (PEGL).
Increasing life expectancy and the rise in chronic diseases are major public health issues. Air Liquide is continuing to develop its home healthcare activity in France with the acquisition of SEPRODOM, a key player in home healthcare and monitoring of patients with chronic diseases in the French overseas departments and ...
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