Middle East Economic Survey

VOL. LIV

No 50

12-Dec-2011

QATAR

Qatar Finalizes Further LNG Deals With Taiwan, UK

Qatars state-controlled liquefied natural gas (LNG) producer RasGas signed on 6 December a 20-year contract with Taiwanese oil refiner CPC Corporation for the supply of 1.5mn tons/year of LNG. Signed on the sidelines of the 20th World Petroleum Congress in Doha, the agreement stipulates that the deliveries of LNG will begin in 2013, in addition to incremental volumes from 2012 to...