Middle East Economic Survey

VOL. XLVII

No 45

8-November-2004

QATAR

ExxonMobil Drops Alabama Option For Terminal To Receive RasGas LNG

ExxonMobil says it has dropped plans to build a $600mn LNG receiving terminal in Mobile, Alabama to handle proposed imports of natural gas from Qatar, citing domestic objections based on fears of terror attacks and accidents. RasGas 3 (a venture owned 70/30 by Qatar Petroleum and ExxonMobil) is planning to supply 15.6mn tons/year of LNG to the US, with deliveries set...