According to China Petrochemical Information Office, on June 5438+065438+1October 2/kloc-0, China Petrochemical signed a 27-year long-term LNG purchase and sale agreement with Qatar Energy Company, which will supply 4 million tons of LNG to China Petrochemical Company every year.

The signing ceremony of China and Qatar Source: Reuters.

For the energy industry, the signing of this "super big order" can be described as an amazing move.

First, the agreement spans 27 years. Reuters said in the report that this is the longest natural gas supply agreement in history.

Bloomberg said that this is one of the largest natural gas orders in history.

media coverage

Against the background of increasing competition and uncertainty in the natural gas market, "this means that a long-term transaction has arrived, which is very important for both buyers and sellers," said Caabi, CEO of Qatar Energy Company.

He said: "This is of great significance to the seller and the buyer." .

Secondly, the agreement is an important part of the integrated cooperation between China and Qatar on the capacity expansion project of Qatar North Gas Field, which is of milestone significance.

Data show that Qatar's natural gas reserves rank third in the world, while the northern gas field is the largest single natural gas field in the world.

It is reported that the capacity expansion project of North Gas Field is expected to be put into production in 2026. This agreement is the second long-term LNG purchase and sale agreement signed by China Petrochemical and Qatar Energy Company, and the first long-term LNG purchase and sale agreement for the expansion project of Qatar North Gas Field.

Bloomberg mentioned in the report that the natural gas purchased by China Petrochemical Company comes from the expansion project in the east of North Gas Field, which is expected to increase the annual output of Qatari LNG from 77 million tons to 1. 1 100 million tons within three years.

This is the first supplier of this project, and the annual production capacity of Qatar has increased from 77 million tons to three years1100000 tons.

The cooperation between China and Cameroon will be strengthened.

As a small Gulf country with a population of only 3 million, Qatar's per capita GDP in 202 1 year is as high as US$ 6 1276, also known as a mini superpower. China and Qatar have started non-governmental trade since 1950s. In recent years, the bilateral trade between China and Qatar has grown rapidly. Take this World Cup as an example, China elements are everywhere.

"Qatar is the country with the largest natural gas export volume in the world, and China has been Qatar's largest trading partner for two consecutive years." Zhou Rong, a senior researcher at Chongyang of the National People's Congress, said in an interview with China Daily that the signing of long-term cooperation agreements between enterprises of the two countries can be described as a win-win situation.

"As far as China is concerned, China has obtained a steady supply of natural gas from Qatar. For Qatar, choosing long-term and stable cooperation with the world's second largest economy will reduce its dependence on western natural gas exports and increase its strategic autonomy in natural gas exports. "

Tianjin LNG receiving station receives and unloads 15 Qatar LNG resources. Source: @ China Petrochemical

"This landmark cooperation is unprecedented in Qatar's natural gas industry." Zhou Rong said that Qatar's choice of China also shows its trust and respect for the China market. "They are full of confidence in the sustained economic growth of China, especially in the development of innovative technologies in China."

Caabi, CEO of Qatar Energy Company, said at the signing ceremony that this cooperation, which spans different fields and will last for 27 years, is of extraordinary and exciting significance and opens a new chapter in the cooperation between the two sides.

"Set an example for international natural gas cooperation"

It is worth noting that due to the Ukrainian crisis, Europe is currently snapping up liquefied natural gas on a large scale to make up for the shortage of Russian pipeline natural gas supply.

Bloomberg mentioned in the report that countries all over the world are scrambling to obtain power generation and heating fuels from major exporting countries such as Qatar and the United States, which has led to rising prices. "In terms of supply, the global LNG market has almost reached its limit, and there will be almost no new production online before 2026."

Before 2026, countries all over the world are trying to protect the electricity and heating of major exporters like Qatar and the United States.

"In this case, reaching a long-term LNG purchase and sale agreement with Qatar will provide a stable guarantee for China's energy security and a stabilizer for fluctuations in the international natural gas market." Zhou Rong, a senior researcher at Chongyang, National People's Congress, said that under the situation that the conflict between Russia and Ukraine continues and the United States is making waves in the international energy market, the large natural gas bill between China and Qatar has provided a successful example for international natural gas cooperation.

The signing ceremony of China and Qatar Source: Reuters.

Extended reading:

The diplomatic field behind the World Cup: What is the mystery behind the US Secretary of State's visit to Qatar?

Local time1the afternoon of October 20th 165438+, the 2022 FIFA World Cup officially kicked off. Now, on the third day of the game, the whole world not only pays attention to the fierce competition on the field, but also pays attention to the "football diplomacy" among the political leaders of many countries in the world. Among them, the high-profile official is US Secretary of State Anthony Blinken. 165438+1October 22, co-chaired the fifth round of strategic dialogue between Qatar and the United States with Deputy Prime Minister and Minister of Foreign Affairs of Qatar, which consolidated the close cooperation between the two countries.

Blinken made a speech after arriving in Qatar.

The United States and Qatar have close relations all the year round.

Energy is an important area of cooperation.

According to CCTV news reports, the fifth round of strategic dialogue between Qatar and the United States was held in Doha, Qatar, on October 22nd, local time/kloc-0. It was co-chaired by Deputy Prime Minister and Foreign Minister Mohammed of Qatar and US Secretary of State Blinken. The two sides discussed such major issues as regional stability, counter-terrorism, military cooperation, energy security, humanitarian assistance, economic and trade cooperation and people-to-people exchanges, and exchanged views on hot issues in Afghanistan, Lebanon, Palestine and Libya.

Some analysts said that Blinken's visit was to "warm up" the relations between the two countries against the background of the conflict between Russia and Ukraine, thus providing sufficient energy security for the country. It is reported that Qatar made a clear statement after the conflict between Russia and Ukraine, supported the United States to impose sanctions on Russia, and promised to help stabilize the European LNG market. In fact, Qatar has the third largest natural gas reserves in the world and is now one of the largest LNG suppliers in the world. Therefore, this commitment is of great strategic significance to the United States, and consolidating diplomatic relations with Qatar will inevitably become a "top priority."

It is reported that after Biden took office, he changed the Trump administration's hostile attitude towards Qatar and chose to cooperate closely with it in energy and other aspects. 202 1 Qatar played an important role in the peace mediation between the United States and the Taliban in Afghanistan, helping the US-led NATO troops to withdraw from Afghanistan after 20 years, and consolidating Biden's position in China. In March this year, Biden issued a statement officially confirming that Qatar is a "non-NATO major ally" of the United States, further enhancing the partnership between the United States and Qatar.

On the 22nd local time, Turkish President Erdogan and Egyptian President Seyce attended the opening ceremony of the World Cup and shook hands in front of the media.

World Cup Becomes Middle East Mediation Stage

Egypt's relations with Turkey, Qatar and Saudi Arabia have reached a turning point.

In addition to the United States, leaders of some Middle Eastern countries also took the opportunity of this World Cup to conduct "football diplomacy" and move toward the center of the political arena.

During the World Cup, the tension between Egypt and Turkey obviously improved. Local time1October 20th, 165438, Egyptian President Seyce came to Qatar for the first time after more than four years to shake hands with Turkish President Erdogan and "break the ice" during the World Cup. It is reported that they also met, shook hands and talked with other leaders, including Palestinian President Mahmoud Abbas and King Abdullah of Jordan.

165438+1October 2 1 day, Sethi announced in the capital Cairo that the relationship between Egypt and Turkey has been restarted. Bassam Lardy, spokesman for the Egyptian President, also issued a statement on the same day, saying that during their meeting in Doha, the two presidents "confirmed the deep historical ties between the two countries" and were ready to bridge the nine-year rift with Turkey. According to related reports, the relationship between the two countries became extremely tense after 20 13. Turkey has always refused to recognize Sethi as the legitimate leader of Egypt. Erdogan had previously released a swear word, saying that he would not see Sethi.

In addition, Saudi Crown Prince mohamed ben salman's attendance at the FIFA Qatar 2022 World Cup is particularly eye-catching, which provides a good opportunity for Qatar to improve its relations with Saudi Arabia. It is reported that in 20 17, several Middle Eastern countries, led by Saudi Arabia, broke off diplomatic relations with Qatar on the grounds of "supporting terrorism" and imposed sanctions and blockades. 202 1 diplomatic relations were restored and sanctions were lifted only at the beginning of the year. Therefore, the emergence of the Saudi Crown Prince is of great significance to stabilizing the political situation in the Middle East.

In fact, the four-year World Cup not only provides a stage for football players to compete, but also builds a bridge for world leaders. For example, during the 20 18 World Cup in Russia, the presidents of 25 countries, the prime ministers of10 countries and a number of foreign royal family members went to Russia to watch the World Cup, which provided a strong fulcrum for Russia and other countries, improved diplomatic relations with many countries and expanded the space for diplomatic transition.