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Qatar in 27-Year LNG Deal with Taiwan Based CPC

LNG
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Qatar has agreed to supply the Taiwan based Chinese Petroleum Corp (CPC) with LNG for 27 years, the emirate's state energy company announced on Wednesday.

  • Qatar will supply four million tonnes of gas a year under the deal.
  • Under the deal, CPC is to be given a partnership in Qatar's North Field East project, a part of Qatar's overall North Field Expansion programme.
  • CPC will purchase 5% in a gas liquefaction train of the North Field East project that’s currently under construction and will start output in 2026.
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Qatar has agreed to supply the Taiwan based Chinese Petroleum Corp (CPC) with LNG for 27 years, the emirate's state energy company announced on Wednesday.

  • Qatar will supply four million tonnes of gas a year under the deal.
  • Under the deal, CPC is to be given a partnership in Qatar's North Field East project, a part of Qatar's overall North Field Expansion programme.
  • CPC will purchase 5% in a gas liquefaction train of the North Field East project that’s currently under construction and will start output in 2026.