China's Sinopec said to buy 5% of Qatar's North Field East

China's Sinopec said to buy 5% of Qatar's North Field East

Signage for a China Petroleum & Chemical Corp. (Sinopec) gas station stands next to a road at dusk in Hong Kong, China Photographer: Vivek Prakash/Bloomberg

China’s state-owned oil and gas giant Sinopec will take a 5% stake in Qatar’s North Field East expansion, part of the world’s largest liquefied natural gas (LNG) project, state news agency QNA reported on Wednesday.

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