Ukraine War Enters New Phase With Oil In The Crosshairs
By Daryna Krasnolutska (Bloomberg) Russia and Ukraine may have struggled to shift things significantly on the battlefield for more than 16 months, but a new phase of the war is moving...
The cargo arrived on Aug. 8 on a Q-Max class LNG vessel and will be used to commission the new LNG terminal which CNOOC owns and will be operating soon, the statement added.
“This is an important milestone for Qatargas. We are very pleased that LNG from Qatar continues to contribute towards meeting the growing demand for energy in the People’s Republic of China,” said Chief Executive Khalid Bin Khalifa Al-Thani.
Qatargas and CNOOC have an existing sales agreement signed in 2008 to supply a total of 2 million tonnes per annum (MTA) of LNG. The first delivery of LNG from Qatar to China with CNOOC was made in October 2009.
“This is the third time Qatargas has provided a commissioning cargo for one of CNOOC’s LNG receiving terminals and represents the sixth LNG receiving terminal overall in China to use LNG supplied by Qatargas for commissioning activities,” the statement added.
Qatargas is the world’s largest LNG producing company with a production capacity of 42 MTA. (Reporting by Amena Bakr, editing by David Evans)
(c) 2014 Thomson Reuters, All Rights Reserved
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