Qatar Energy has signed a long -term agreement to supply capacitors to Shell International Eastern Trade, based in Singapore, a company wholly owned by Shell listed on the London Stock Exchange.
According to a statement of Qatar Energy, the agreement was signed by Saad bin Shaida Al -Kaabi, the Minister of State for Qatar Energy Affairs, the Managing Director, the CEO of Qatar Energy, and the CEO of “Shell” company Wael Sawan.
The agreement provides for the provision of Shell at 285 million barrels of capacitors from July 2025 for a period of 25 years.
The statement quoted the Minister Al -Kaabi as saying, “We are happy to sign the first energy agreement for the sale of capacitors of 25 years, which is the largest and longest agreement for the sale of condensate so far.”
Qatar Energy signs an agreement to provide Shell with condensate for 25 years#Qatar_Traft #Qatar pic.twitter.com/zivqliie8l
– Qatarenergy (@qatarenergy) April 30, 2025
He added, “This agreement is gaining great importance as it is with our strategic partner, Shell, with which we recently concluded an agreement to sell Nafeza for a period of 20 years, which supports its efforts in providing greater value to our customer Shell.”
For his part, Wael Sawan expressed the happiness of the Shell Company by signing this long -term agreement and building on the strategic relationship established with Qatar Energy.
Qatar Energy and Shell Company enjoy fruitful partnerships in many joint investments in the energy industry in Qatar and around the world, including Qatar Energy Faculty Faculty Projects, the Pearl Factory to convert gas into fluids, and many other joint investments.
Qatar Energy signs an agreement to provide Shell with condensate for 25 years#Qatar_Traft #Qatar pic.twitter.com/fqmcw4p21
– Qatarenergy (@qatarenergy) April 30, 2025