The five year contract, which will commence in January 2014, covers a volume of around 10bcm of LNG.

E.ON Global Commodities director LNG Richard Baylis said that this contract represents a significant step in the development of the company global growth strategy and is a major achievement in forging a long-term partnership with the state of Qatar.

"I am very pleased that we have been able to conclude this agreement with Qatargas," Baylis added.

"It is the culmination of a lot of effort from both companies over a number of years to find a suitable agreement in a rapidly changing LNG marketplace.

"The deal works well because it utilizes our existing regasification position and provides Qatargas with access to arguably the most diverse European end user portfolio and, as a result, a new commercial home for their volumes."

The agreement with Qatargas represents the second long-term contract signed by E.ON in the last few weeks.

In September 2013, the company completed a 25-year of contract to bring 40bcm of gas from Azerbaijan’s Shah Deniz field to Europe.