CNOOC strikes Qatar LNG deal
By Li Jing | China Daily | Updated: 2008-06-25 07:50
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A CNOOC oil exploration platform in the Bohai Sea off the east coast of China. Bloomberg News |
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, signed a 25-year purchase agreement of liquefied natural gas (LNG) with Qatar on Monday.
According to the long-term agreement, CNOOC, operator of China's first LNG terminal, will buy 2 million tons of LNG per annum from Qatargas Operating Co, the company said in a statement.
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