Subscribe free to our newsletters via your
. 24/7 Space News .




ENERGY TECH
Qatar signs deals to provide LNG to China
by Staff Writers
Beijing (AFP) April 10, 2008


China and Qatar on Thursday signed deals for the purchase of five million tonnes of liquefied natural gas (LNG) a year from the oil-rich Gulf state, the two sides said.

PetroChina, the listed arm of China's largest oil and gas producer, signed a deal in Beijing with Qatargas and Shell under which the Chinese firm would buy three million tonnes of Qatari LNG per year for 25 years, according to a statement issued by the companies.

"I am proud that ... Qatar will be able to supply cleaner energy to contribute to the Chinese success story and China will be able to contribute to Qatari success as a customer for our natural resources," Abdullah bin Hamad Al-Attiyah, Qatar's energy minister, said in the statement.

In the other deal, China's largest offshore oil producer, CNOOC, and Qatargas signed an agreement involving shipments of two million tonnes of LNG per year, according to another statement issued by both sides.

"We see Qatar, the world's leading LNG producer, as a reliable partner in meeting our long term energy needs," CNOOC President Fu Chengyu said in the statement. "The cleaner energy from LNG will contribute to fuelling China's fast economic development."

The time-frame for the CNOOC deal was not given, and no financial details of either deal were disclosed.

The agreements were signed during a visit by Sheikh Hamad bin Jassem al-Thani, who met with Chinese President Hu Jintao on Thursday.

Energy-hungry China, eager to fuel its booming economy, began importing natural gas in 2006, receiving its first shipment of LNG from Australia's Northwest Shelf fields.

The Chinese-Australian deal, set to last 25 years, was worth about 25 billion Australian dollars (23.3 billion US dollars).

That same year, Malaysia's state-owned Petronas agreed to provide, for a period of 25 years, more than three million cubic metres of LNG per year to China's Shanghai LNG Company, in a deal valued at 25 billion dollars.

Qatar has the world's third-largest gas reserves, after Russia and Iran.

.


Related Links
Powering The World in the 21st Century at Energy-Daily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








ENERGY TECH
Demand For Oil Sands Is Expected To Reach 10 Million bbl In 2008
Washington DC (SPX) Apr 10, 2008
This cutting-edge report provides details on production Technologies, Market Details, Project Cost Analysis, Major Alberta Projects Inventory, and, Market Outlook and Opportunities. With most of the world's known oil reserves concentrated in just a few countries, unconventional energy resources, such as oil sands, are now seen as a viable alternative to conventional oil and gas resources, and an ... read more


ENERGY TECH
NASA Sets Sights On Lunar Dust Exploration Mission

The 2008 Great Moonbuggy Race

UMaine Engineering Team To Test Inflatable Habitats For NASA Moon Mission

Workers Ready Course For NASA's 15th Annual Great Moonbuggy Race

ENERGY TECH
NASA Spacecraft Images Mars Moon In Color And In 3D

Spirit Advances Toward Midwinter

Visting Mars, Again And Again

Mars Rover Opportunity Completes Dental Checkup At Victoria Crater's Duck Bay

ENERGY TECH
Astronauts relish new Asian space food

NASA starts new science Web site

NASA officials report Goddard 'incident'

Hall of fame inducts NASA technologies

ENERGY TECH
Three Rocketeers For Shenzhou

China's space development can pose military threat: Japan

Brazil To Deepen Space Cooperation With China

China Approves Second-Phase Lunar Probe Program

ENERGY TECH
The ESA opens a new space laboratory

First Korean astronaut docks with space station

Astronauts Relish New Asian Space Food As Expedition 17 Docks

New Station Crew Prepares For Launch Tuesday

ENERGY TECH
Russia To Conduct 28 Space Launches From Baikonur In 2008

Vietnam delays launch of first satellite

Successful Qualification Firing Test For Zefiro 23

Zenit Rocket To Orbit Israeli Satellite In Late April

ENERGY TECH
New Rocky Planet Found In Constellation Leo

New Laser Technology Could Find First Earth-like Planets

Scientists Discover 10 New Planets Outside Solar System

Googling Alien Life

ENERGY TECH
Ball Aerospace GFO Satellite Begins Eleventh Year On Orbit

Newly Discovered Superinsulators Promise To Transform Materials Research, Electronics Design

Chemists work on bamboo fabric development

TDRS-1 Satellite Reaches 25 Years Of Age




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement