VOL. XLIV

No. 15

9-APRIL-2001

QATAR

RasGas-2 And Petronet Sign SPA For LNG Supply

ExxonMobil announced on 4 April that Ras Laffan Liquefied Natural Gas Company-2 (RasGas-2) a joint venture between Qatar Petroleum (QP 70%) and ExxonMobil (30%) had concluded the first phase of a sales and purchase agreement (SPA) with Indias Petronet for the supply of LNG, "the largest LNG contract ever signed," according to Stuart Gill, President of ExxonMobil Gas Marketing Company. The SPA covers the supply,...