From the Field
Qatar and China seal 22-year LNG deal
DOHA, September 10, 2018 – Qatargas will supply LNG to China under a 22-year deal reached with PetroChina International Company, the Qatari state company said on Monday.
Under the deal, Qatargas will this month begin supplying around 3.4 million tonnes per year of LNG to the Chinese company via terminals across China.
PetroChina International Company is a unit of PetroChina, an arm of state giant China National Petroleum Corporation that produces and distributes oil and gas.
LNG will by supplied from the two-train Qatargas 2 project, which produces 15.6 million tonnes per year. The project is a venture of Qatar Petroleum, ExxonMobil and Total.
The deal comes as China is stepping up its LNG imports as part of efforts to combat air pollution.