Tuesday, 11 September 2018

PetroChina seals its biggest Qatar LNG deal as Beijing advocates coal-to-gas switch

Qatargas II liquefaction plant at Ras Laffin Industrial City Qatargas II liquefaction plant at Ras Laffin Industrial City

Qatargas, the world’s largest LNG producer, has entered a 22-year sales and purchase agreement with PetroChina to deliver around 3.4 mtpa of LNG its regasification terminals at Dalian, Jiangsu, Tangshan and Shenzhen. In August, China brought two new regas terminals in service that brought the overall number to 19 – in line with the government’s policy to replace coal with natural gas in the power sector.

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