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.

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