World’s ‘Longest’ Gas Supply Deal
- Qatar and China signed the 27-year natural gas supply deal which will be the longest gas supply dead any country ever made.
- The China Petroleum and Chemical Corporation (Sinopec) will get 4 million tonnes of liquefied natural gas (LNG) annually from the state energy company’s new North Field East project.
- The deal marks the longest gas supply agreement in the history of the LNG industry.
- Since Russia invaded Ukraine, European nations have become more interested in Qatar’s gas, which is primarily sold to Asian nations led by China, Japan, and South Korea.
- About Qatar
- Capital – Doha
- Prime Minister – Khalid bin Khalifa
- Currency – Qatari riyal
About China
- Capital – Beijing
- President – Xi Jinping
- Currency – Renminbi
