Briefs: Qatargas

Qatargas has just announced that it has signed a sales and purchase agreement to sign 2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) under a 25-year contract to China National Offshore Oil Corporation (CNOOC). The LNG will be delivered into five terminals in China, Fujian LNG Terminal and Guangdong LNG which are already operational, with Shanghai LNG Terminal to start in 2009. The company is constructing four new LNG processing trains which will see an increase of LNG production from 10 mtpa today to 42 mtpa by the end of the decade.