Kuwait Signs LNG Deal With Qatargas

Kuwait Petroleum Corporation (KPC) has signed a contract with Qatargas to under which the Kuwaiti firm will import LNG till the end of 2014, reports Kuwait News Agency (KUNA).

The contract was signed in Doha on Sunday, the news agency says citing a press statement by KPC Managing Director for International Marketing Nasser Al-Mudhaf.

Al-Mudhaf pointed out that the deal paves the way for bigger cooperation with Qatargas on the long-term.

Qatargas will start LNG shipment to Kuwait as of Monday, reports KUNA.

Earlier this month, local media reports said Kuwait signed deals with Royal Dutch Shell and BP for supply of LNG.