Qatargas recently announced it has signed a Sales and Purchase Agreement (SPA) to supply 2m tonnes per annum (mtpa) of liquefied natural gas (LNG) to the China National Offshore Oil Corporation (CNOOC), under a 25-year-long-term agreement.
The agreement was signed for Qatargas by the Deputy Prime Minister and Minister of Energy and Industry H E Abdullah bin Hamad Al Attiyah and comes at a time when Qatargas is undergoing a major expansion programme.
The LNG will be delivered to five terminals in China, notably the Fujian LNG Terminal and Guangdong LNG which are already operational, with the Shanghai LNG Terminal to start in 2009. The supplies will also go to Zhejian LNG and Hainan LNG Terminals when they become operational.
The terminals will be capable of receiving the cargoes using the new Q-Flex and Q-Max class of vessels. CNOOC intends to use the LNG to supply mainly local industry, city gas and commercial power companies.
... to continue reading you must be subscribed
