On Wednesday, Shell signed a long-term contract with Qatar Energy to supply liquefied natural gas (LNG) to the Netherlands. The deal involves 3.5 million tons of natural gas per year from 2026 for a period of 27 years, the Financieele Dagblad reported. The gas will be extracted from two large gas fields near Qatar in which Shell has an interest. The gas will be liquefied in Qatar and then shipped to the Gate terminal in Rotterdam.