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China to take over Qatar LNG… European countries are also competing to secure gas
[앵커]
Qatar, where the World Cup is currently being held, is also famous for its liquefied natural gas (LNG) production.
China has signed the largest and longest ever LNG purchase agreement from Qatar.
European countries have also taken part in a full competition to secure gas.
Reporter Kim Ji-haul reports.
[기자]
China has agreed to import 4 million tonnes of LNG annually from Qatar over 27 years from 2026.
This is the longest and largest LNG supply contract signed by China.
Based on the current market price, it is a total of 83 trillion won.
Qatar is one of the top three LNG exporters along with the US and Australia.
China, which overtook Japan last year to become the world’s biggest LNG importer, banned the resale of LNG to foreign countries this winter amid strengthening energy security.
“Today is a very important day.” Because this is the first sale/purchase agreement signed for the Northfield East Project.”
European countries are also expected to compete to secure LNG production over the next few years.
This is because the supply of Russian gas has decreased significantly since the sanctions against Russia, and there is no possibility of new quantities coming to the market until 2026.
The International Energy Agency (IEA) has warned that Europe is at risk of facing a shortage of gas from next summer onwards.
Major energy companies in France and Italy have invested huge sums in the development of the Qatar gas field, and British and German companies are actively reviewing the introduction of US LNG.
However, in the case of American products, the Wall Street Journal reported that it is not possible due to climate change targets and high prices.
This is Kim Ji-haul’s Yonhap News. (heulog10@yna.co.kr)
#China #Qatar #Liquefied Natural Gas #LNG #Competition to secure gas
Yonhap News TV article inquiries and reports: Kakao Talk/Line jebo23
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