News and Media Releases
KPC and Shell Sign LNG Supply Deal For Summer Demand
27/04/2010
Kuwait Petroleum Corporation (KPC) and Shell International Trading Middle East Limited (SHELL) have signed a supply agreement to import liquefied natural gas (LNG) into the State of Kuwait to help meet demand during peak summer periods between April-October for the years 2010-2013.
The State of Kuwait is embarking on an ambitious path of economic growth. This growth in energy demand needs clean energy sources such as natural gas, which will contribute to reduce emissions and improve local air quality. Whilst KPC is working towards increasing local natural gas production, there is a pressing requirement to secure imports of natural gas supplies in the interim period. This agreement reinforces the partnership between the parties and Shell’s commitment to KPC and the State of Kuwait.