QatarEnergy and ConocoPhillips signed two agreements to supply up to 2 million tonnes/year (tpy) of LNG to Germany. The suppliers are joint venture companies established between ConocoPhillips and QatarEnergy to participate in the North Field East (NFE) and North Field South (NFS) projects, and the buyer is a wholly owned subsidiary of ConocoPhillips.
First delivery is expected in 2026 to the 8-billion cu m/year German LNG Terminal at Brunsbüttel (OGJ Online, Mar. 2, 2022). The agreements mark the first ever long-term LNG supply to Germany with a supply period that extends for at least 15 years, QatarEnergy said in a release Nov. 29.
Through its joint ventures with QatarEnergy, ConocoPhillips holds a 3.125% interest in the NFE project and a 6.25% interest in the NFS project. The projects are expected to begin production in 2026 and 2027, respectively.