Middle East Economic Survey

VOL. XLVIII

No 46

14-November-2005

QATAR

QGTC, Partners Launch Syndication For J5 LNG Ships

Syndication has been launched for Qatar Gas Transport Companys (QGTC) J5 LNG ships loan, MEES learns. In addition to QGTC (also known as Nakilat) the partners include MOL, NYK, Mitsui, K-Line and Iino Line. The partnership will provide eight ships to QGTC, to be used by RasGas 3. Mandated lead arrangers for the $1.65bn loan include Société Générale (bookrunner), Den Norsk Bank...