Qatar Signs Long-Term LNG Supply Deal With Bangladesh ...Middle East

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Qatar Signs Long-Term LNG Supply Deal With Bangladesh
QatarEnergy has signed an agreement to supply liquefied natural gas (LNG) to Bangladesh's state firm PetroBangla for 15 years beginning in 2026, Saad al-Kaabi, chief executive at the Qatari state company said on Thursday. LNG buyers are looking for long-term supply to secure gas from Qatar's massive expansion projects to insulate themselves from volatile spot prices. Bangladesh, in particular, was one of the South Asian economies most hit by the soaring LNG spot prices and withdrew from the spot market last year, alongside other buyers such as…

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