QatarEnergy has announced a 27-year natural gas supply deal with China, calling it the “longest” ever business agreement of its kind as the energy-rich Middle East country strengthened ties with Asia while Europe scrambled for alternative sources. The state energy company will send four million tonnes of liquefied natural gas annually from its new North Field East project to China Petroleum and Chemical Corporation (Sinopec), it said on Monday.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Apple expected to unveil Macs, more powerful chips

On Oct 18, Analysts anticipate that Apple Inc (AAPL.O) will unveil recent…

Tianjin to Host First International Auto Show

TIANJIN, Oct 12 (Xinhua/APP): An international auto show will be held for…

Snow-falling attracts over a million visitors to KP

Peshawar: According to the report released by the Department of Tourism, Khyber…

Oil jumps 2% as hospital blast increases Middle East tensions

Oil prices surged on Wednesday as tension escalated in the Middle East…