Middle East Economic Survey


No 9



Centrica Pens 2Bn LNG Deal With Qatargas

British utility Centrica announced on 23 February that it had entered into a three-year contract with Qatargas for the delivery of 2.4mn tons/year of LNG to the UKs Isle of Grain terminal. This deal is said to provide enough gas to meet around 10% of UK annual residential gas demand. Qatar is expected to take on an increasingly important role as a gas supplier to the UK, with LNG expected to...