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FINANCIAL NEWS
Spain’s Repsol signs Qatari LNG deal
08 Oct 2010
(MENAFN) Qatargas said that it will start supplying liquefied natural gas (LNG) to Repsol’s Canaport terminal in Canada before the end of 2010, QNA reported.
The long-term supply deal with the world’s largest exporter of super-cooled gas is expected to help meet rising demand for in eastern Canada and north-eastern parts of the US and could limit the amount of Qatari LNG delivered to Europe.
Canaport is in New Brunswick province which borders the US state of Maine.
The Canaport deal could absorb some LNG that is expected to enter an already well supplied global market as big Qatari production facilities open in the next few months.
Qatargas will deliver the LNG using both Q-Flex and Q-Max ships which carry between 210,000 and 266,000 cubic metres of gas each.
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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