Home » Economy » Qatar signs a second agreement with China to supply it with natural gas for a period of 27 years

Qatar signs a second agreement with China to supply it with natural gas for a period of 27 years

2023-06-20 10:28:00

Qatar announced on Tuesday that it had signed an agreement with the China National Petroleum Corporation (CNPC) to supply liquefied natural gas for a period of 27 years, in the second long-term agreement with China in less than a year.

The CEO of “Qatar Energy” and the Qatari Minister of State for Energy Affairs, Saad bin Sherida Al-Kaabi, said during a ceremony held in Doha, that under the agreement, “Qatar will import four million tons annually of natural gas from the Northeast Field Expansion Project to China over a period of 27 years.” He pointed out that another agreement was signed for the sale and purchase of shares under which the Chinese company would join as a partner in the Northeast Field Expansion Project, one of the two parts of the largest natural gas field in the world.

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