Qatar Ready To Ink New 27-year Gas Deal With China

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...

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