QatarEnergy-Sinopec’s Long-term LNG Contract Likely Priced Around 12.7% Slope to Oil
The LNG sales and purchase agreement signed between QatarEnergy and China Petrochemical Corp., or Sinopec, was likely priced around 12.7% slope to crude oil, with flexibility for Sinopec to receive LNG cargoes at its terminals in China, market sources said Nov. 9. Sinopec and QatarEnergy did not immediately respond to queries sent by S&P Global [...]