Qatar has agreed to supply Shell in Singapore with up to 18 million barrels of oil a year for five years in what the Gulf state's energy company said was its first ever five-year crude sales deal.
QatarEnergy said it had agreed with Shell International Eastern Trading Company to supply up to 18 million barrels each year © Mena Today
Qatar has agreed to supply Shell in Singapore with up to 18 million barrels of oil a year for five years in what the Gulf state's energy company said was its first ever five-year crude sales deal.
QatarEnergy said it had agreed with Shell International Eastern Trading Company to supply up to 18 million barrels each year of Qatar Land and Qatar Marine crude oils starting in January.
“We are delighted to sign our first ever five-year crude sales agreement. This agreement further strengthens QatarEnergy’s relationship with Shell," QatarEnergy Chief Executive Saad Sherida Al-Kaabi said in a statement.
Writing by Alexander Cornwell. Editing by Jane Merriman
On Monday, global attention will turn to Sharm el-Sheikh, as Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump co-chair a high-level peace summit aimed at ending the war in Gaza.
Investors on the Tel Aviv Stock Exchange (TASE) sent a strong signal of relief and optimism Sunday following the announcement of a ceasefire agreement between Israel and Hamas, coupled with the anticipated return of Israeli hostages from Gaza.
Three employees of Qatar's Amiri Diwan, its top government body, were killed in a car crash near Egypt's Red Sea resort city of Sharm el-Sheikh, Qatar's embassy in Egypt said in a post on X on Sunday.
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