State-owned QatarEnergy and Italy’s Eni signed a 27-year sale and purchase deal for the supply of liquefied natural gas (LNG) from Qatar to Italy.Qatar’s energy minister and chief executive of QatarEnergy, Saad Sherida Al-Kaabi, and Claudio Descalzi, CEO of Eni, signed the SPA during a ceremony in Doha, according to a statement by QatarEnergy issued on Monday.Under the deal, Eni will receive up to 1 mtpa, or up to 1.5 billion cubic meters per year, from the joint venture between QatarEnergy and Eni that holds an interest in Qatar’s North Field East (NFE) expansion project.Eni is a partner in the 32 mtpa NFE expansion project with a 3.125 percent share.The volumes will be supplied to the receiving terminal FSRU Italia, currently located in Piombino, Italy, with expected deliveries starting from 2026 with a duration of 27 years.Eni said in a separate statement the LNG supply contract will contribute to Italy’s security of supply through the diversification of its supply sources.The Italian firm is already importing in Europe 2.9 bcma from Qatar since 2007 under a long-term supply agreement. (ICE Doha)

Fonte notizia: https://lngprime.com/