Qatar Petroleum has entered into a long term Sale and Purchase Agreement (SPA) with energy and commodity trading company, Vitol, for the supply of 1.25 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Vitol’s customers in Bangladesh.

Under the agreement, LNG deliveries will commence later this year, which state-owned Qatar Petroleum said further demonstrates the State of Qatar’s continued commitment to meeting the growing needs of its customers for reliable LNG supplies.

“We are pleased to sign this SPA with Vitol, and we look forward to commencing deliveries under the SPA to further contribute to meeting Bangladesh’s energy requirements,” said His Excellency Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum.

“This SPA also highlights our strong ability to meet the requirements of our partners and customers. We are proud to continue to be the supplier of choice for our customers and partners around the globe,” he commented.