Middle East Economic Survey


No 47



QP, ExxonMobil Inaugurate RasGas 3

QP and ExxonMobil on 15 November inaugurated RasGas 3, the third phase of the RasGas LNG project which will add two 7.8mn tons/year trains to the complex and boost RasGas LNG production by more than 70% when they come on-stream in 2008 and 2009. Full-chain investment in RasGas 3 is estimated at near $14bn and includes the design, construction and operation of the two trains and all other...