Middle East Economic Survey

VOL. XLIX

No 31

31-Jul-2006

QATAR

Qatargas-4 Approaches Bank Market For Funding

Qatargas-4 has approached the bank market for $1.5bn worth of funding, MEES learns, for what is expected to be the last LNG project launched by Qatar for some time. Qatar has put a moratorium on further development to give Qatar Petroleum (QP) time to evaluate the best monetization of its gas reserves. As a result, there could be more pent up demand for Qatargas-4 than for the other Qatari...