Middle East Economic Survey


No 48



RasGas To Supply Kogas With 3.84Mn Tons Of LNG Up To 2008

Korea Gas Corporation (Kogas) announced on 22 November that it had signed a term contract with RasGas under which the latter will supply 3.84mn tons of LNG between October 2004 and April 2008. Since 2000, RasGas has been supplying Kogas with 4.9mn t/y of LNG under a 25-year contract. The latest deal is part of Kogas efforts to meet rising demand before additional supplies...