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Qatar To Supply LNG To Europe, North America

Qatar signed a deal to supply liquefied natural gas to North America and Europe

Qatar To Supply LNG To Europe, North America

Qatar signed a deal of $6-7 billion with Anglo-Dutch oil and gas giant Royal Dutch/Shell on Sunday to supply liquefied natural gas to North America and Europe.

The agreement was signed by Qatar Minister of Energy and Industry Abdullah bin Hamad al-Attiyah and Royal Dutch/Shell?s CEO Jeroen van der Veer.

Abdullah bin Hamad al-Attiyah is the chairman of state company Qatar Petroleum which will own a 70-percent stake in the deal. US oil and gas major ExxonMobil was the second firm who won the deal with Qatar.

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