Middle East Economic Survey


No 30



4Q 2007/1Q08 For First LNG Supplies Under Qatargas-2/Total SPA

Qatargas-2 will start supplying Total with 5.2mn tons/year of LNG in late-2007/early-2008 under a 25-year sales and purchase agreement (SPA) signed in Doha in the first week of July. Around 700,000 t/y of LNG will be supplied to Mexico, with the remainder destined for markets in France, the UK and the US. Qatargas-2 is an integrated project involving the development of two...