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Qatar and ConocoPhillips confirm LNG supply deal

Qatar and ConocoPhillips have confirmed a $5bn agreement that will send liquefied natural gas to the US by the end of the decade. A ConocoPhillips spokeswoman said the cost of the tentative agreement included around 12 LNG tankers and an LNG terminal built by Qatar and ConocoPhillips that will supply the US market with 7.5m tonnes of LNG a year starting around 2008-2009.
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