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China signs $60 billion LNG deal with Qatar – one of biggest deals ever for the highly coveted fuel

China reached a $60 billion agreement with Qatar on Monday to secure liquefied natural gas flows for decades to come. Qatar Energy, the country’s state-run energy arm, will send its Chinese counterpart Sinopec 4 million tons of LNG per year starting in 2026. The deal is for 27 years, making it …

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