LNG

Kuwait was seeking to import more liquefied natural gas cargoes as many areas in Arabian Gulf state have been hit by power cuts as soaring temperatures pushed the electricity grid to its limits during peak operations.

Qatar Petroleum has signed a long-term supply agreement with Arab Gulf neighbour Kuwait for the supply of liquefied natural gas cargoes for a period of 15 years at a new larger Kuwaiti onshore regasification terminal currently under construction.