Qatargas Seals First Long-Term South-East Asian LNG Supply Deal
By Nader Itayim
State-controlled Qatargas has signed a new long-term agreement to supply liquefied natural gas (LNG) to Thailand’s state-owned oil and gas company PTT. This continues the recent shift of Qatari gas originally bound for Europe and the US, where demand is falling, to the Asia-Pacific region where prices are now higher.
Under the terms of the deal announced last...