Correct Answer : Qatar
QatarEnergy announced a 27-year natural gas supply deal with China on Monday(21st Nov 2022), calling it the "longest" ever seen as it strengthened ties with Asia at a time when Europe is scrambling for alternative sources.
* The state energy company will send four million tonnes of liquefied natural gas annually from its new North Field East project to China Petroleum and Chemical Corporation (Sinopec).
* The deal "marks the longest gas supply agreement in the history of the LNG industry", said Saad Sherida Al-Kaabi, Qatar's Energy Minister and QatarEnergy's chief executive.
* Asian countries led by China, Japan and South Korea are the main market for Qatar's gas, which is increasingly being sought by European countries since Russia's invasion of Ukraine.
* Negotiations with European countries have struggled as Germany and others have baulked at signing the sort of long-term deals made with Asian nations.
* North Field is at the centre of Qatar's expansion of its liquefied natural gas production by more than 60% to 126 million tonnes a year by 2027.
* China is the
first country to seal a deal for
North Field East..
Source : The Hindu
