Qatar Petroleum reserves the full capacity of a liquefied gas terminal in Belgium until 2044

Qatar Petroleum and Flaxis Belgium have signed a long-term agreement to receive, store and re-condense liquefied natural gas (LNG) at the port of Zeebrugge in Belgium.

Under the agreement, signed today in the Belgian capital, Brussels, Qatar Terminal Limited (QTL), a subsidiary of Qatar Petroleum, will be the sole beneficiary of the full capacity of the Belgian plant at the end of the current contracts in 2044.

Qatar Terminal Limited is already a party to an existing agreement whereby approximately 50% of the capacity of the Zybrog plant will be used to supply Qatari LNG to Belgium.

"We are delighted with this important agreement that will expand our long-term partnership with Flaxys Belgium for decades to come," said Saad Bin Shraideh Al Kaabi, Minister of State for Energy, Managing Director and CEO of Qatar Petroleum.

"We see these arrangements in support of our customers in Belgium and Europe in general by providing reliable supplies of liquefied natural gas from Qatar and enabling them to make optimal use of these supplies."

Al-Kaabi stressed that Qatar Petroleum has long invested in Europe's key gas terminal - a key gas market - as part of its strategy to diversify its global destinations.

"We will continue our commitment to support EU energy policies and to provide reliable supplies."

Zybrog Station
According to a Qatar Petroleum statement, the Zybrog LNG terminal was commissioned in 1987. It is located at the meeting point of a number of gas pipelines and plays a key role in Europe's natural gas supply.

The plant has an annual capacity of about 9 billion cubic meters of natural gas, and contains four tanks of liquefied natural gas with a storage capacity of 380 thousand cubic meters, and a fifth reservoir with a capacity of 180 thousand cubic meters is currently under construction.

"Qatar is the only gas producer to supply liquefied natural gas (LNG) to northwest Europe through long-term contracts," said Marie Christine Marghem, the Federal Minister for Energy, Environment and Sustainable Development.

"About 15% of our gas consumption comes from Qatar, which indicates the strength of our partnership," the statement said.

These are some of Qatar's investments and deals to supply the world with gas

- May-2019: Qatar Petroleum announces contracts for the use and operation of eight offshore drilling rigs for the project to increase LNG production from the North Field.

- April 2019: Qatar Petroleum launches a call for tenders for the construction of up to 100 LNG tankers to cover its future needs.

- April 2019: Qatar Petroleum announces the award of a number of contracts for the Qatar Gas Development Project, which aims to raise LNG production capacity from 77 million tons to 110 million tons per year by 2024.

- March 2019: Qatar Petroleum announces Ocean LNG Limited to buy and market the production of the US Golden Pass LNG project.

- February 2019: Qatar Petroleum and ExxonMobil announce an important natural gas discovery in Cyprus and decide to invest in a giant liquefied natural gas export project in the United States.

- February 2019: Qatar Petroleum and its partners make a major gas and condensate discovery in South Africa.

- October 2018: Qatar Petroleum announces an agreement to supply LPG to Chinese Oriental Energy for five years.

- September 2018: Qatar Petroleum raises its LNG production capacity from 77 million to 110 million tons per year.

April 2018: Qatar Petroleum announces an agreement to supply Vietnam with LPG and Naphtha for 15 years.

June 2017: Qatar Petroleum and Shell sign an agreement to develop infrastructure to use LNG as fuel for shipping.

- February 2017: Qatar Petroleum joins a consortium of international companies to develop a project to import LNG in Pakistan.

- November 2016: Qatar Petroleum's Ocean LNG signs a long-term LNG sale contract with Brazil's CELSE.

- October 2016: Qatargas signs a new 20-year agreement with Pakistan's Jeel to supply LNG to Pakistan.