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Qatari oil company will supply multinational Shell in Singapore

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Doha, Dec 28 (Prensa Latina) The company QatarEnergy announced today the signing of an agreement with the multinational Shell International Eastern Trading Company in Singapore for the supply of crude oil for five years.

Body: Starting next month, deliveries will begin, which should reach up to 18 million barrels of oil annually, extracted from the land and sea fields of this Arab country, in western Asia.

“We are pleased to sign our first five-year crude oil sales agreement,” said Minister of State for Energy Affairs and President QatarEnergy, Saad bin Sherida Al Kaabi.

This new commitment, he said, “further promotes QatarEnergy’s relationship with Shell, which is not only a reliable crude oil buyer, but also an important customer and strategic partner.”

The pact is in correspondence with the Qatari strategy of establishing strategic commercial relations and long-term cooperation, the official added.

QatarEnergy and the British Shell have long maintained close ties, through various shared investments in the energy industry of Qatar and other parts of the world, including QatarEnergy’s liquefied natural gas projects, the Pearl GTL plant and other joint investments, local media highlighted. of press.

Last October, Shell signed a long-term contract with the Qatari company to supply liquefied natural gas to the Netherlands for 27 years starting in 2026.

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