PetroChina is negotiating with Qatar on purchasing LNG

Russian satellite news agency Moscow, August 8th, PetroChina is in-depth negotiations with Qatar on long-term and short-term procurement contracts for liquefied natural gas (LNG). Reuters quoted sources as saying that from this year to 2022, Qatar will supply millions of tons of liquefied natural gas to Chinese companies every year. The contract price and total supply are still under discussion. At the same time, PetroChina is also exploring the signing of longer-term contracts. To meet China’s rapid demand for natural gas, PetroChina began negotiations with Qatar on the purchase of LNG in the country a few months ago. It is estimated that in the next three years, China’s LNG imports will increase by 70% and will reach 65 million tons by 2020. China’s LNG imports in 2017 reached 38.1 million tons, an increase of 46% over the previous year. (Accommodation in Kazakhstan Embassy)

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