No. 27



RasGas Signs 25-Year LNG Supply Contract With Italys Edison

Ras Laffan Liquefied Natural Gas Company (RasGas) on 24 June announced that it had signed a sales and purchase agreement (SPA) with Italys Edison Gas for the supply of 3.5mn tons/year (7.6mn cu ms/year) of LNG for 25 years with deliveries beginning in 2005. The deal represents the first long-term contract for the sale of gas from the Gulf to a European customer. Last May, Qatar Natural Gas Company...