Middle East Economic Survey

VOL. XLIX

No 8

20-February-2006

QATAR

Qatargas 4 Financing Needs Anticipated At Around $2.8Bn

Sponsors Qatar Petroleum (QP 70%) and Shell (30%) are expected to need debt of around $2.8bn to finance the construction of the Qatargas 4 project the same as required for Qatargas 3 MEES understands. The use of a single engineering, procurement and construction (EPC) contractor for the two projects has led to substantial cost savings (MEES, 26 December 2005). Qatargas 4s...