Qatar Petroleum’s (QP) new LNG-marketing arm, Ocean LNG, has signed a long-term sale and purchase agreement (SPA) to sell 1.3 million tonnes a year on an ex-ship basis to Brazil-based Centrais Elétricas de Sergipe (Celse), a joint venture between GG Power and Ebrasil. QP will ship its first cargoes to the project in Brazil in 2020 to support Celse’s Porto de Sergipe power plant near Aracaju, in Sergipe state.
QP President and Chief Executive Officer, Saad Sherida al-Kaabi, said: “It represents another step towards enhancing our position as a global LNG leader and extending our reach to all markets. Brazil is an important LNG market and we are proud to contribute to meeting Brazil’s gas demand.”