QatarEnergy signs 15-year LNG deal with Bangladesh
QatarEnergy’s LNG trading arm, QatarEnergy Trading, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) to supply about 1.8 million tons per annum (MTPA) of LNG to Bangladesh for 15 years, starting in 2026.
Qatar currently delivers more than 3.5 million tons per annum of LNG to Bangladesh. With this new SPA, QatarEnergy reaffirms its position as the LNG supplier of choice for its partners in the South Asia LNG markets.
The SPA signing at QatarEnergy’s Headquarters in Doha, was witnessed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and His Excellency Mr. Nasrul Hamid, the state minister for Power, Energy and Mineral Resources of the People's Republic of Bangladesh.