According to Reuters, RWE Supply & Trading (RWEST) – a German utility – has reached an agreement with Qatargas for the delivery of LNG cargoes into Europe.
Reuters reports that the deal is for the delivery of up to 1.1 million tpy of LNG, and will last for seven and a half years.
The Chief Commercial Officer of RWEST, Andree Stracke, reportedly said: “This agreement enhances the diversity of RWE's European gas portfolio.”
Qatargas and JERA Co. Inc. have reached an agreement on the first spot LNG cargo purchase under the newly executed Master Sales and Purchase agreement between the two companies.