Middle East Economic Survey


No 22



Kogas Raises Off-Take Volume From YLNG To 2Mn T/Y

State-run Korea Gas Corp (Kogas) has opted to take an additional 0.7mn tons/year of LNG from Yemen LNG (YLNG), increasing its requirement to 2mn t/y. Kogas was one of three companies (including Tractebel and Total Gas and Power), to sign sales heads of agreement (HOAs) earlier this year (MEES, 21 February). Under the HOA, Kogas agreed to take 1.3mn t/y, with the option of a further...