FACTBOX-China's liquefied natural gas import deals

Thu Feb 24, 2011 11:53pm EST

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 BEIJING, Feb 25 (Reuters) - China Petrochemical Corp, parent
of Sinopec Corp (0386.HK), signed a preliminary agreement on
Friday to buy 4.3 million tonnes of liquefied natural gas per
year from Australia Pacific LNG Pty Ltd for 20 years, the Chinese
firm said on Friday.
 If the the deal is finalised, Sinopec will get a 15 percent
share in the project, reducing the shareholdings of its
co-owners, U.S. energy firm ConocoPhillips COP.AX and
Australia's Origin Energy (ORG.AX) to 42.5 percent each.
[ID:nBJI002590]
 The following are the LNG imports deals that China has signed
in recent years.
 (For China's monthly LNG trade data, please search with
O/CHINA7)
-----------------------------------------------------------------
Buyers Volumes timeframe  Receiving   suppliers          supply 
    (mln t   /start    terminal                      project 
    per yr) (yrs/yr)                                         
-----------------------------------------------------------------
CNOOC                                                           
  **2.6       2013        -        DGF                       -
    3.6    20/2014        -        BG Group      Curtis Island
    1.0      /2010        -        Total           its global
                                                     portfolio
    2.0      /2009        -        Qatargas         Qatargas 2
    3.0      /2013        -        Qatargas                  -
    2.0*         -        -        Qatargas                  -
      -          -        -        Qalhat                    -
    3.7      /2006      Dapeng     Northwest       N.W. Shelf,
                                   Shelf Venture     Australia
    2.6    25/2009      Fujian     BP                 Tangguh,
                                                     Indonesia
   3.03    25/2009     Shanghai    Petronas           Malaysia
PETROCHINA                                                      
    2.0    20/          Dalian     Shell               Gorgon,
                                                     Australia
    2.25   20-25          -        ExxonMobil          Gorgon,
                                                     Australia
    3.0    25/2011     Jiangsu     Qatargas/Shell   Qatargas 4
    2.0    before 2015    -        Qatargas                  -
SINOPEC                                                         
    4.3    20/2015      Beihai     APLNG           Queensland,
                                                     Australia
    2.0    -           Qingdao     ExxonMobil          PNG LNG
-----------------------------------------------------------------
 * in preliminary deal.
 ** total volume spreading over 4 years from 2013.
 Sources: Reuters reports, company websites.
 (Reporting by Jim Bai and Aizhu Chen, Editing by Jacqueline Wong)




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