Kuwait Petroleum Signs Long-term LNG Deal With Shell
12.27.2017 - NEWS

December 27, 2017 [RTT News] - Kuwait Petroleum Corp. signed a 15-year liquefied natural gas import deal with Royal Dutch Shell Plc.


The sales purchasing agreement with Shell International Trading Middle East Ltd. will start in 2020.

LNG could help meet Kuwait’s domestic demand for power. The contract will cover 2 million to 3 million metric tons of LNG a year.

Kuwait wants cleaner burning energy sources such as natural gas to reduce emissions and improve air quality.

—————————-

Learn how to unlock more key tank terminal data. Join the Free Webinar TankTerminals.com 2.0: Smart Business Decisions, Powered by Data. Date: February 7th, 2018.

COMMODITIES 2026: Oil storage expands globally as energy security, trading drive demand
01.11.2026 - NEWS
January 08, 2026 [ Spglobal ]- Storing oil is a growing industry as governments worldwide seek t... Read More
US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike
01.11.2026 - NEWS
January 4, 2026 [ Reuters ]- The U.S. military’s ouster of Venezuelan President Nicolás Madu... Read More
Rebuilding Venezuela’s Oil Supply Chain for Global Markets
01.11.2026 - NEWS
January 05, 2026 [ Supplychaindigital ]- Trump’s push to rebuild Venezuela’s shattered oil s... Read More
Giant Canadian Green Hydrogen Project Shelved as Developer Shifts Focus to Domestic Power Exports
01.09.2026 - NEWS
January 09, 2026 [Fuel Cells Works]- World Energy GH2 has shelved its 1.2GW green hydrogen and ... Read More