RWE, Qatargas sign 7.5 year deal for LNG deliveries to Europe

(Reuters) RWE has signed a seven and a half year deal with Qatargas for LNG deliveries into Europe, the German utility said on Saturday.

Under the deal, financial details of which were not given, Qatargas will deliver up to 1.1 MMtpy to RWE Supply & Trading (RWEST).

"This agreement enhances the diversity of RWE's European gas portfolio," Andree Stracke, Chief Commercial Officer at RWEST, said in a statement.

 

Reporting by Victoria Bryan; Editing by Mark Potter

 

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