DOHA, June 20 (Reuters) - Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year, sources familiar with the deal told Reuters on Tuesday.
CNPC also will take an equity stake in the eastern expansion of Qatar's North Field liquefied natural gas (LNG) project, the sources said.
In an identical deal, QatarEnergy sealed a 27-year supply agreement with China's Sinopec in November for 4 million tons a year.
The state-owned Chinese gas giant also took an equity stake equivalent to 5% of one LNG train of 8 million tons a year capacity.
Tuesday's deal, first reported by the Financial Times, will be QatarEnergy's third deal to supply LNG from the expansion to an Asian buyer.
Persons:
CNPC, QatarEnergy, China's Sinopec, Saad, QatarEnergy didn't, Andrew Mills, Maha El, Kanjyik Ghosh, Kim Coghill, Christopher Cushing
Organizations:
DOHA, Reuters, China National Petroleum Corporation, Financial Times, LNG, Thomson
Locations:
Qatar, China, Arab, Asia, Ukraine, Europe, finalising, QatarEnergy, United States, Australia, Doha, Maha, Maha El Dahan, Dubai, Bengaluru