Reuters reported that Qatar Energy is ready to sign a new 27-year gas deal with China National Petroleum Corporation.
China National Petroleum Corporation (CNPC) and QatarEnergy are expected to sign a 27-year agreement, which will allow China to purchase 4 million metric tons of liquefied natural gas (LNG) a year, Reuters reported today, 20 June.
Sources familiar with the deal told Reuters that CNPC also will take an equity stake in the eastern expansion of Qatar’s North Fie...