QatarEnergy signs long-term LNG deal with Shell for delivery to China
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QatarEnergy has signed a long-term LNG supply agreement with Shell for delivery to China, highlighting the growing energy ties between the Middle East and Asia.
December 02, 2024 | 10:00 am
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Shell has entered into a long-term agreement with QatarEnergy to receive LNG for delivery to China, which could enhance its supply chain and market presence in Asia.
The long-term LNG deal with QatarEnergy is likely to strengthen Shell's supply chain and market presence in Asia, particularly in China, which is a major LNG consumer. This could positively impact Shell's stock price in the short term as it secures a stable supply of LNG.
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