Qatar Signs New Long-Term LNG Supply Deal With Kuwait
- Kuwait has a separate deal with Qatar for supply until 2035
- Doha to eventually supply as much as 5 million tons to Kuwait
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Qatar signed a new 15-year deal with Kuwait to supply liquefied natural gas, it’s second supply contract that will help ease the strain on power plants that have already been forced to cut output this summer.
Kuwait was forced to start power supply cuts in June in a rare occurrence for the Middle Eastern petrostate as brutal summer heat increased demand, and gas supply wasn’t able to keep up. The Ministry of Electricity, Water and Renewable Energy has warned controlled outages could be enforced in some areas throughout the hot months.