Qatar has signed three long-term LNG supply agreements with Europe. After signing contracts with Total Energy and Shell, QatarEnergy signed an agreement with Eni to supply LNG to Italy for a period of 27 years. This is stated in the message of QatarEnergy.
According to the agreement, LNG will be delivered to FSRU Italia, a floating storage and regasification facility located in the port of Piombino in the Tuscany region.
LNG supplies are expected to begin in 2026 for a 27-year period and will come from a joint venture between QatarEnergy and Eni, which has an interest in the Qatar North Field East expansion project.
The agreement was signed by Saad Sherida Al-Kaabi, Minister of Energy, President and CEO of QatarEnergy, and Claudio Descalzi, CEO of Eni.
"Together we will continue to demonstrate our commitment to European markets in general and the Italian market in particular. Since 2009, LNG from Qatar has been arriving at the Adriatic LNG terminal in the northern Adriatic to meet more than 10% of Italy's natural gas needs," emphasized the QatarEnergy CEO.
It is worth noting that the signing of agreements by European countries on long-term LNG supplies from Qatar demonstrates their desire to diversify supplies and get rid of dependence on the Russian LNG market.
