China’s Sinopec has become the latest energy major to seal a 27-year LNG supply deal with QatarEnergy, for volumes of 3 million tons annually once the second phase of the North Field enters into operation. The partnership deal will also see Sinopec take part in the development of that second phase, which would boost the production capacity of Qatar’s biggest source of gas to 126 million tons annually by 2026 from 77 million tons currently. Work on the expansion project began last month, with Qatar’s energy minister commenting…
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