On November 21st, the reporter learns from the information office of China petrochemical, China petrochemical and Qatar energy companies signed a 27 years of liquefied natural gas (LNG) long-term purchase and sale agreement, Qatar energy company will supply 4 million tons of LNG annually to sinopec. The deal is on the north of Qatar gas capacity but an important part of project integration cooperation, has the milestone significance.

 

It is understood that the north field capacity is expected to begin in 2026. The agreement was signed by sinopec and Qatar energy company second LNG long-term purchase and sale agreement, is also the north of Qatar gas expansion project of the first LNG long-term purchase and sale agreement.

 

Sinopec chairman yong-sheng ma, said in a friendly and close relations between the two countries, have natural complementarity in the energy field, create a good environment for deepening cooperation. The signing of this agreement in accordance with Chinese petrochemical adhere to the green, low carbon, security, the purpose and requirements of sustainable development, not only helps to meet the needs of the Chinese market for gas, will further optimize China's energy consumption structure, improve the security, stability and reliability of energy supply.

 

Tal energy affairs minister, Qatar energy company, President and chief executive of card than you said, we are very pleased that both sides can reach the agreement, which will further consolidate the good bilateral relations between China and Qatar, and will help meet China's growing demand for clean energy. This cooperation across different areas, and will be for 27 years, landmark, exciting, opened a new chapter of cooperation.