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QatarEnergy/Sinopec Sign Long-Term LNG Deal

LNG

QatarEnergy signed a 27-year sale and purchase agreement for the delivery of LNG to China’s Sinopec, QatarEnergy chief Saad al-Kaabi told Reuters.

  • "Today is an important milestone for the first sales and purchase agreement for North Field East project, it is 4 million tonnes for 27 years to Sinopec of China," Kaabi said.
  • “Negotiations with other buyers in China and Europe and globally that want to have security of supply were ongoing”, he added.

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