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QatarEnergy, Excelerate Energy sign 15-year supply LNG deal
QatarEnergy and U.S.-based Excelerate Energy signed on Monday a 15-year agreement to supply 1 million metric tons per year (mtpa) of liquefied natural gas (LNG) to be delivered to Bangladesh for 15 years from January 2026. The deal is the latest in a series state-owned QatarEnergy has with European and Asian partners tied to its massive North Field expansion project, which is expected to lift Qatar's LNG production to 126 mtpa by 2027 from 77 mtpa now. Qatar, among the world's top LNG exporters, is already the largest supplier of LNG to Bangladesh. It views natural gas as a transition fuel that will be needed far ... (full story)