Middle East Economic Survey

VOL. LII

No 28

13-Jul-2009

QATAR

RasGas Launching Bond Issue To Complete $10Bn Funding Program

The Ras Laffan Liquefied Natural Gas Company embarked upon road shows last week to launch a bond issue, which, together with pari passu (on an equal footing) lending from an affiliate of ExxonMobil, provides $3.186bn and wraps up the $10bn multi-phased funding program for the RasGas 2/3 LNG project (MEES, 20 October 2008). ExxonMobil is a partner in the RasGas 2/3 LNG...