Qatar set to strike second big LNG supply deal with China

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Qatar set to strike second big LNG supply deal with China
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DOHA :Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year, sources familiar with the deal told Reuters on Tuesday.China National Petroleum Corporation(CNPC) and QatarEnergy are expected to sign a 27-year agreement later on Tuesday, under which Ch

DOHA :Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year, sources familiar with the deal told Reuters on Tuesday.

Asia, with an appetite for long-term sales and purchase agreements, has been ahead so far in securing gas from Qatar's massive production expansion project. Reuters had earlier reported that CNPC was close to finalising a deal to buy LNG from QatarEnergy over nearly 30 years from the North Field expansion project.

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