Middle East Economic Survey

VOL. LIV

No 17

25-Apr-2011

QATAR

Qatars $5Bn Barzan Project Financing Moving Ahead

The financing of Qatars 1.5bn cfd Barzan gas project is gathering momentum with the sponsor, RasGas (a Qatar Petroleum/ExxonMobil joint venture), seeking to approach banks next month, MEES understands. Expected to total around $5bn, it will have multiple tranches and in addition to securing loans from banks, the project sponsor is also planning to launch bonds and approached export...