China’s Sinopec acquires 1.25% share in Qatar’s North Field East LNG expansion

China Petroleum & Chemical Corp., or Sinopec, signed a shareholding agreement with QatarEnergy in Doha on April 12 to acquire a 1.25% stake in the North Field East expansion project, the Chinese state-owned oil and gas giant said on its official social media account. The 1.25% stake in the overall North Field East expansion project comes from a 5% interest…