China's Sinopec to take stake in Qatar's North Field East

Ma Yongsheng, Chairman of the Board of Sinopec and QatarEnergy CEO Saad al-Kaabi sign during the North Field East Partnership Agreement Signing Ceremony in Doha, Qatar, April 12
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 percent stake in the equivalent of one North Field East LNG train with a capacity of 8 million tons per year, a QatarEnergy statement said.
