Eric Watkins
OGJ Oil Diplomacy Editor
LOS ANGELES, June 30 -- Qatar Liquefied Gas Co. III (Qatargas) has signed a 20-year agreement to sell Poland 1 million tonnes/year of LNG.
Poland’s Treasury Ministry said value of the contract is about $550 million/year.
Poland will receive the LNG at a terminal under construction at Swinoujscie, scheduled for completion in 2015.
Qatargas expects its LNG production to rise to 42 million tonnes/year by the end of the decade from 10 million tonnes/year in 2008.
Contact Eric Watkins at [email protected].
