Shell set to sign gas supply deal with Qatar
Qatar is the world's largest liquefied natural gas supplier
British Shell is set to sign a major agreement with Qatar by taking a stake in a $29 billion project to boost Qatar’s exports of liquefied natural gas, just as Europe races to shore up new supplies of the fuel, Bloomberg reports.
According to the report, the move comes just as Europe races to shore up new supplies of the fuel.
London-based Shell will announce its partnership with state-controlled Qatar Energy in Doha on Tuesday, according to two people familiar with the matter, report says.
Shell’s Chief Executive Officer, Ben van Beurden, is to attend the signing ceremony with Qatari Energy Minister, Saad Al Kaabi, who is also CEO of QE, one of the people said.
Demand for Qatari LNG is soaring as European nations try to gain energy independency from Russian gas, following Moscow’s attack on Ukraine.
How to submit an Op-Ed: Libyan Express accepts opinion articles on a wide range of topics. Submissions may be sent to oped@libyanexpress.com. Please include ‘Op-Ed’ in the subject line.
- Mufti raises alarm over alleged plan to appoint Saddam Haftar - April 09, 2026
- CBL and IMF wrap up nine-day consultations in Tunis - April 09, 2026
- Libya in talks with Europe on gas transport and crude exports - April 09, 2026