Qatar and Chevron Phillips sign a $6 billion deal to develop an LNG hub

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Qatar national oil and gas company Qatar Energy and US-Dutch company Chevron Phillips have signed a $6 billion agreement to develop Ras Laffan’s industrial hub. This was expressed by Saad bin Sharid Al-Kaabi, Emirati Minister of State for Energy. transmits Al Jazeera channel.

“Several agreements have been signed between the parties on the development of the Ras Laffan industrial zone specializing in petrochemical production,” said Al-Kaabi.

According to the minister, a new company was established under the project, in which Qatar Energy owns 70% and Chevron Phillips owns 30%.

As-Sabeel’s early December issue reportedIt is reported that Qatari authorities have agreed to supply 2 million tons of gas per year to Germany for 15 years from 2026. According to the publication, the gas will be delivered to the LNG receiving terminal in Brunsbüttel.

Prior to that, Saad al-Kaabi, the Arab country’s Minister of Energy, said that Qatar has pledged to steadily supply around 12-15 million tons of natural gas to Europe if the region continues to experience difficulties with other energy sources. resources.

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