Securities Times e Company News: On November 4, during the Sixth China International Import Expo, Sinopec and Qatar Energy Company signed an integrated cooperation agreement for the second phase of the Northern Gas Field Expansion Project (NFS), including a 27-year liquefied natural gas project. (LNG) long-term purchase and sale agreement and upstream equity participation agreement. According to the agreement, Qatar Energy will supply 3 million tons of LNG to Sinopec every year and transfer 5% of its equity in the joint venture to Sinopec (equivalent to 1.875% of the NFS project). This is the third long-term LNG purchase and sale agreement signed by the two parties, and also the second integrated cooperation project reached by the two parties after the first phase of the northern gas field expansion project.
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2023-11-04 23:40:35
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