Qatar condensate supply has taken a major step in energy trade through a long-term deal involving Qatar condensate supply. QatarEnergy signed a strategic agreement with Shell International Eastern Trading Company, a subsidiary of Shell Plc. This contract secures the supply of up to 285 million barrels of condensate over 25 years.
Notably, the agreement begins soon and strengthens the long-standing partnership between Qatar and Shell. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and CEO of QatarEnergy, signed the agreement with Shell CEO Wael Sawan. Both sides emphasized the value of long-term energy cooperation.
This contract represents Qatar condensate supply, the first condensate deal that lasts 25 years. It also marks the largest and longest condensate supply agreement ever signed by the company. With this move, Qatar aims to reinforce its global presence in the condensate market while providing Shell with long-term resource stability, Minister Al-Kaabi welcomed the deal and highlighted its importance.
He also noted the deal will deliver greater value to Shell while deepening cooperation between the two companies. Earlier, QatarEnergy and Shell also finalized a 20-year naphtha sales agreement, which now complements this latest condensate partnership.
Shell’s CEO expressed confidence in the relationship. He praised the trust built over many years of collaboration and looked forward to continued success through the new agreement. The Qatar condensate supply deal reflects the two companies’ shared commitment to long-term planning and market certainty.
Furthermore, this move boosts Qatar condensate’s global reputation as a reliable condensate supplier. It supports energy diversification and trade growth while helping major energy firms meet long-term demand. The agreement fits within Qatar’s broader strategy to secure major export contracts across various energy segments.
Additionally, the Qatar condensate supply plays a crucial role in many industries. It supports refining, petrochemical, and fuel production needs around the world. By securing a guaranteed supply, Shell ensures its operations continue smoothly, especially in competitive markets like Asia and Europe.
In conclusion, Qatar, through QatarEnergy, continues to lead in forming strategic global partnerships. The Qatar condensate supply deal shows how the country uses energy agreements to build economic strength and long-term international cooperation.
