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FINANCIAL NEWS
Qatar’s Ocean LNG inks deal with Brazil-CELSE
13 Nov 2016
(MENAFN) Qatar Petroleum signed a long-term LNG sale and purchase agreement (SPA) between its affiliate, Ocean LNG and Brazil based CELSE.
Moreover, Ocean LNG, which was launched for marketing QP’s future global LNG supply portfolio, will supply 1.3mn tons per annum of LNG to CELSE.
Accordingly, this is the first SPA to be entered into by Ocean LNG, making it the first supplier to receive LNG to Brazil under a long-term deal.
In addition, Brazil is an important milestone in the development of the Porto de Sergipe power plant.
More News
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