China and Qatar have signed a 27 -year liquefied natural gas purchase and sales agreem

In order to strengthen China's energy security in the next decades, Sinopec and Qatar Energy signed a long -term purchase and sales agreement with LPG (LNG), which lasted 27 years and a total value of $ 60 billion (S $ 82.8 billion).

Comprehensive Bloomberg and China News Agency reported that the two state -owned enterprises above were announced at a video ceremony on Monday (November 21) that Qatar Energy will supply to Sinopec from 2026 and each year.4 million tons of liquefied natural gas for 27 years.

This protocol is an important part of Sinopec and Qatar Energy Company on the integrated cooperation in the Katarta Northern Gas Field Energy Display Project, which has a milestone significance.Qatar Energy Corporation and its investors will invest 30 billion US dollars for the project, which can increase the annual output of Qatar's liquefied natural gas from 77 million tons to 11 million tons within three years.

According to Bloomberg New Energy Finance data, this is the longest signed LPG supply agreement in China so far, and it is also one of China's largest liquefied natural gas procurement agreement.

Sinopec Chairman Ma Yongsheng and Qatar Energy Affairs Secretary of State, Qatar Energy Corporation President and CEO Saad Sherida Al-Kaabi signed an agreement together online form.Essence

Ma Yongsheng said that China and Qatar have friendly and close relations, and have natural complementarity in the energy field, creating a good environment for the continuous deepening cooperation between the two parties.The signing of this agreement meets the purpose and requirements of Sinopec's adherence to green, low -carbon, safety, and achieve sustainable development. It will not only help meet the needs of the Chinese market for natural gas, but also further optimize the security of China's energy consumption structure and improve the safety of energy supply.Sex, stability and reliability.

Saasa Kaiabi said that they are very happy that the two parties can reach this agreement, which will further consolidate the good bilateral relations between China and Qatar, and will help meet China's growing pair of pairs.Demand of clean energy.This cooperation crosses different fields and will be 27 years long, which is of extraordinary significance and exciting. It has opened a new chapter in cooperation between the two parties.

It is reported that the capacity expansion project of Qatar's northern gas field is expected to be put into production in 2026.This agreement is the second LPG long -term purchase and sales agreement signed by Sinopec and Qatar Energy Corporation, and it is also the first liquefied natural gas long -term purchase and sale agreement of the Qatar northern gas field expansion project.