Qatar to Supply Kuwait With More LNG Under New Long-Term Deal

Qatar will supply LNG to Kuwait under a new long-term deal as the OPEC producer is looking to import more natural gas to meet soaring power demand in the summer. QatarEnergy, the state firm of one of the world’s top LNG exporters, signed on Monday an agreement to supply 3 million tons of LNG to Kuwait per year in a 15-year deal with Kuwait Petroleum Corporation (KPC). Qatar, which has a similar LNG supply deal with Kuwait from 2020, will begin deliveries from the new contract in 2025, KPC’s chief executive officer, Sheikh Nawaf al-Sabah,…