Qatar Power plans to sign a long-term agreement with an Asian entity to supply liquefied natural gas (LNG) on Thursday.

Reuters reported that Qatar Power will sign a long-term liquefied natural gas supply agreement with Bangladesh's state-owned Petrobangla Gas.

This is the second Asian sales transaction to be concluded for Qatar's North Field expansion project.

Petrobangla Chairman Zinendra Nath Sarker told Reuters the company would sign a 15-year deal with Qatar Power to supply two million tonnes of liquefied natural gas a year.

Supply is scheduled to begin in January 2026, he said.

Qatar's Minister of State for Energy Affairs, Saad bin Sherida Al Kaabi, said at the Qatar Economic Forum last week that his country could sign all LNG contracts from North Field expansion projects by the end of this year.