Middle East Economic Survey
VOL. XLVIII
No 26
27-June-2005
RasGas 2/3 Expansion Costs Put At $13Bn
The expansion of RasGas 2/3, which includes Trains 3-7, is expected to cost $13.025bn, funded through the combination of equity, bank facilities and bonds, MEES learns. To the end of July equity investment in the project already made by shareholders Qatar Petroleum (70%) and ExxonMobil (30%) is expected to be $3.2-3.5bn. Equity input has been used to build Trains 3 and 4, to start construction of...
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