Middle East Economic Survey

VOL. XLVIII

No 19

9-May-2005

qatar

QP, ExxonMobil Announce Progress On Italys Adriatic LNG Regasification Terminal

Qatar Petroleum (QP), ExxonMobil and Edison announced major milestone agreements on 2 May for the Isola di Porto Levante LNG regasification terminal to be located offshore the coast of Italy in the North Adriatic Sea. The terminal, scheduled for start-up by year-end 2007, will have a regasification capacity of 8bcm/year. The terminal owners said they had...