Qatar inks deal to sell gas to Britain’s Centrica

DUBAI — A Qatari state-controlled gas producer has signed a deal to sell up to 2.4 million tons of liquefied natural gas a year to British energy Centrica.

By (AP)

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Published: Sun 24 Apr 2011, 12:18 PM

Last updated: Tue 7 Apr 2015, 3:34 AM

Qatargas says the three-year sales and purchasing agreement signed on Thursday and announced over the weekend covers gas produced by its Qatargas 4 division. The fuel will be shipped to Britain’s Isle of Grain terminal.

Financial terms were not disclosed.

Qatar holds the world’s third largest natural gas reserves and is the biggest supplier of liquefied natural gas. Qatargas 4 is a joint venture between state-run Qatar Petroleum, which owns 70 percent, and Royal Dutch Shell.



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