VOL. XLIII

No. 25

19-June-2000

QATAR

RasGas And Gaz de France Take Stake In Indias Petronet LNG

Qatars Ras Laffan Liquefied Natural Gas Company (RasGas) and Gaz de France have each been granted a 10% stake in Indias Petronet LNG Ltd (PLL). Last year, RasGas signed a sales and purchase agreement (SPA) with Petronet for the delivery of 7.5mn tons/year of LNG for 25 years beginning in 2003 (MEES, 1 November 1999). Two LNG receiving terminals are to be built at Dahej and Cochin in western and...