Middle East Economic Survey
VOL. XLVIII
No 5
31-January-2005
QATAR
Petronet/RasGas In 5% Investment Swap Talks
Indias Petronet LNG and RasGas are discussing arrangements for a proposed equity swap, Petronet chairman Suresh Mathur said on 18 January. Under the deal, Indias state-owned Oil and Natural Gas Corporation (ONGC) one of the partners in the government-formed Petronet LNG joint venture would take a 5% stake in RasGass third LNG train (RasGas-2), while RasGas would acquire a 5% stake in...
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