Work to Start in Halfaya

China National Petroleum Company (CNPC) will start work on the Iraqi Halfaya project in the second half of this year, Jiang Jiemin, the chairman of CNPC’s subsidiary PetroChina (0857.HK), said on Friday.

Jiang also said it would take a fairly long time to finalize the purchase agreement for a deal to buy 2 million tones of liquefied natural gas per year from Qatar, and that his company planned to put two Chinese LNG terminals into operation next year, in Dalian and Jiangsu.

(Reporting by Chen Aizhu; Editing by Jonathan Hopfner)

(Reuters)

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