KPC to buy $12bn worth of LNG from Shell

: Monday, May 12 - 2014 @ 10:30

Kuwait Petroleum Corp (KPC) has said it would sign a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell, estimated at $12bn, as the major oil exporter seeks to meet energy demands for the hot summer months, Reuters has reported. KPC said oil minister Ali Al Omair had received a delegation from Shell to sign the contract. It did not provide the volume of the super-cooled gas that would be supplied by Shell.

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Monday, May 12- 2014 @ 10:30 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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