No 04



Qatar Petroleum, Spains Gas Natural Sign LNG Heads Of Agreement

Qatar Petroleum and the Spains Gas Natural announced on 15 January they had signed a heads of agreement (HOA) covering the purchase by Gas Natural of 40BCM of LNG from the Qatar Liquefied Gas Company (Qatargas) over a 20-year period. The parties also agreed to extend until 2012 two existing mid-term, FOB contracts that were signed in May 2001. According to the HOA, Qatargas will supply Gas...