The biggest LNG contract in 3Q16 was signed between Qatargas Operating Company Limited and Centrica plc on 5 September 2016, for a period of about five years from 2019 – 2023.
As per the contract, LNG will be imported by the UK to its Isle of Grain terminal from the Qatargas IV terminal in Qatar. Another contract signed between Qatargas Operating Company Limited and RWE AG is the second biggest contract for import of LNG from the Qatargas III terminal. Chevron Corporation and ENN Group are the other key companies to sign contracts in the quarter.