QatarEnergy said Wednesday it has agreed to supply Shell plc with 3.5 million tons (Mt) of LNG from its massive North Field expansion project for nearly three decades. 


The liquefied natural gas would come from the 32 Mt/year North Field East (NFE) project and the 16 Mt/year North Field South (NFS) project. Shell was awarded equity stakes in both NFE and NFS last year.

The super-chilled fuel supplied under the deal would be delivered to the Gate LNG import terminal in the Netherlands starting in 2026 for a term of 27 years. 

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It is the latest move by portfolio players and global commodity traders to secure more...