Qatar Energy and CNPC have signed an agreement for the supply of four million tonnes of liquefied natural gas (LNG) annually for 27 years. The deal was signed as part of efforts to strengthen economic ties between China and Qatar. This is the second agreement CNPC has made with competitors to Russia in the global gas market.
Qatar is a major producer of LNG and plans to increase production to 126 million tonnes by 2027. As part of this plan, the country is entering supply agreements with the UK, France, and Italy. Meanwhile, China is seeking to meet the growing demand for gas in the country.
CNPC has stated that the new agreement with Qatar Energy will help supplement the supply of LNG from Russia and Australia. The volumes of supply have not been disclosed, but the agreement will become one of the world’s largest contracts for the supply of LNG.
The cash flows from the supply of LNG will become an important source of income for Qatar, which is seeking to diversify its economy. In addition to gas, Qatar is also actively developing tourism and infrastructure for major events, including the 2022 FIFA World Cup.
По материалам lenta.ru.