Britain's largest energy supplier Centrica raised 700 million pounds ($1.01 billion) in a surprise share sale on Thursday to pay off debt and protect its credit rating after being hit by weak energy prices and tough retail market competition
Centrica has signed a 4.4 billion pound ($7 billion), 4-1/2-year deal with Qatar to import liquefied natural gas (LNG) supplies as domestic production dwindles, the British utility said on Wednesday.
Centrica is to buy 3 million t
Qatar Petroleum International (QPI) hopes to extend its new deal with Britain's Centrica by acquiring more gas or tight oil resources across North America, the chief executive said.
Centrica and QPI said in April they would bu
Britain's Centrica has received its first Qatari liquefied natural gas (LNG) cargo, four months after it signed a £2 billion ($3.2 billion) delivery deal with LNG producer Qatargas.
The 266,000-cubic-metre Mozah LNG tanker, one of the
Qatargas said on Saturday it signed a 2.4 millon tonnes per year three year contract to supply liquefied natural gas (LNG) to Britain's Centrica.
"As per the agreement, Qatargas will deliver up to 2.4 million tonnes per annum of LNG from t