China’s CNPC set to seal mega Qatari LNG deal

Reuters was first to report that China National Petroleum Corp (CNPC) is near to finalizing a deal to buy liquefied natural gas (LNG) from QatarEnergy. If sealed, this would be the second such deal between major LNG exporter Qatar and the world’s second biggest LNG buyer, as Beijing looks to beef up gas supply and diversify its sources in a drive to replace coal and cut carbon emissions.