LNG exporter Qatar and the world\u0027s No. 2 LNG buyer, may have another deal on the books as China looks to beef up its gas supply. Read on.
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“CNPC has agreed on the major terms with Qatar in a deal that will be very similar to Sinopec’s,” said a Beijing-based state-oil official who declined to be named as he is not authorized to speak to the media.This advertisement has not loaded yet, but your article continues below.“This is a good move for CNPC, securing additional long term supply from a reliable and well positioned partner.
QatarEnergy has maintained a 75 per cent stake overall in the North Field expansion, that will cost at least Us$30 billion, and could give up to a five per cent stake to some buyers, QatarEnergy chief executive Officer Saad al-Kaabi has said.
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