March 25, 2017 3:01 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Qatar Liquefied Gas Company Limited II (Train B)

Company Overview

Qatar Liquefied Gas Company Limited II (Train B) produces and supplies liquefied natural gas (LNG). The company is based in Doha, Qatar. Qatar Liquefied Gas Company Limited II (Train B) operates as a subsidiary of Qatar Petroleum.

Corniche Road

Salam Tower

12th Floor

West Bay Area

Doha,  

Qatar

Phone:

974 4473 6000

Fax:

974 4473 6666

Key Executives for Qatar Liquefied Gas Company Limited II (Train B)

Qatar Liquefied Gas Company Limited II (Train B) does not have any Key Executives recorded.

Qatar Liquefied Gas Company Limited II (Train B) Key Developments

Qatar Liquefied Gas Company Limited and Kuwait Petroleum Corporation Execute Agreement to Supply Half Million Tonnes of LNG Per Annum

Qatar Liquefied Gas Company Limited and Kuwait Petroleum Corporation have executed an agreement to supply half a million tonnes of Liquefied Natural Gas to Kuwait over the next four years, starting from March 2016. The LNG will be sourced from Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and Total which started production in 2009, and will be delivered onboard Q-Flex LNG Vessels, chartered by Qatargas, to KPC's Mina Al-Ahmadi LNG receiving terminal in Kuwait. Kuwait's LNG delivery season typically would start from March and extend to November of each year, to meet Kuwait's growing demand for power during peak summer months. Qatargas has been supplying Kuwait with the majority of its LNG requirements for the past five years through both direct sales to KPC and through third parties who have made deals with both Qatargas and KPC.

Qatargas-2 and KPC Sign LNG Supply Deal

Qatar Liquefied Gas Company Limited-2 (Qatargas 2) and Kuwait Petroleum Corporation (KPC) have executed an agreement to supply half a million tonnes of Liquid Natural Gas (LNG) to Kuwait over the next four years. The LNG will be sourced from Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and Total which started production on in 2009, and will be delivered onboard Q- Flex LNG Vessels, chartered by Qatargas, to KPC’s Mina Al Ahmadi LNG receiving terminal in Kuwait. Kuwait’s LNG delivery season typically would start from March and extend to November of each year, to meet Kuwait’s growing demand for power during peak summer months. Qatargas has been supplying Kuwait with the majority of its LNG requirements for the past five years through both direct sales to KPC and through third parties who have made deals with both Qatargas and KPC. As for other Middle Eastern markets, Qatargas has been supplying LNG to Dubai since 2008 and has delivered a commissioning cargo to Jordan in May 2015.

Liquefied Gas Company Limited (Qatargas 2) Signs Long-Term Agreement with Pakistan State Oil Company to Supply 3.75 Million Tonnes of LNG Per Annum

Liquefied Gas Company Limited (Qatargas 2) signed a long-term agreement to supply Pakistan State Oil Company Limited (PSO) with Liquefied Natural Gas (LNG). The Sales and Purchase Agreement (SPA) was signed by Mr. Saad Sherida Al-Kaabi, Qatar Petroleum President & CEO, and Chairman of Qatargas Board of Directors, and Mr. Sheikh Imran ul Haque, Managing Director & Chief Executive Officer of PSO. Under the terms of the agreement, Qatargas 2 will supply 3.75 million tonnes per annum (MTPA) of LNG to PSO for a period of 15 years with the first cargo expected to be delivered in March 2016.

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Recent Private Companies Transactions

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