PETR.L Share News (PETR)

By Jessica Jaganathan

SINGAPORE, March 15 (Reuters) - Royal Dutch Shellis close to bagging a deal to supply Hong Kong with liquefiednatural gas (LNG), beating out major competitors for the rightto be the first company to supply LNG to the area.

Shell has edged out companies such as Malaysia's Petronasto supply LNG through a long-term contract to HongKong utility CLP Power, two sources familiar withthe matter told Reuters.

The deal will be for about 10 years to supply about 1.2million tonnes per annum (mtpa) of LNG from after 2020, thesources said, declining to be named as they were not authorisedto speak to the media.

(Reporting by Jessica Jaganathan; Editing by ChristianSchmollinger)