China’s Sinopec to take stake in Qatar’s North Field East – Reuters

China’s Sinopec to take stake in Qatar’s North Field East – Reuters

DOHA, April 12 (Reuters) - China's Sinopec will take a stake in the eastern expansion of Qatar's North Field liquefied natural gas (LNG) project, state energy company QatarEnergy said on Wednesday.

The state-owned Chinese gas giant will take a 5% stake in the equivalent of one North Field East LNG train with capacity of 8 million tonnes per year, a QatarEnergy statement said.

North Field is part of the world's biggest gas field, which Qatar shares with Iran. The Iranian part of the field is known as the South Pars field.