Middle East Economic Survey

VOL. XLIX

No 37

18-Sept-2006

QATAR

QP Urges LNG Lenders To Accept More Risk As Pricing, Spot Sales Evolve

Melanie Lovatt reports from Doha.

Qatar Petroleum (QP) and its international partners have blazed the trail for the global LNG industry in terms of capacity expansion and finance in recent years. The Gulf emirates bankability in the sector over the last decade has seen lending margins fall and contract covenants loosen. But as the LNG industry evolves, moving towards...