QATAR

 
Edison Secures $590mn Discount On RasGas LNG Supplies
 
By Nader Itayim
 
Italian energy company Edison has secured in arbitration a €450mn ($587mn) discount on the liquefied natural gas (LNG) supplies it receives from Qatar’s RasGas under the terms of a long-term contract signed in 2008. This outcome, analysts feel, could set the tone for other European firms to review their existing supply contracts with a view to ensuring cheaper energy in the...