VOL. XLII

No. 05

1-February-1999

QATAR

Korea痴 KOGAS To Lift First Cargo From RasGas LNG In August,Boosts 1999 Offtake

Uncertainty regarding Korea痴 ability to absorb volumes ofliquefied natural gas under existing agreements has been substantially reducedfollowing the scheduling of the first export cargoes from Qatar痴 Ras LaffanLiquefied Natural Gas Company (RasGas). Under a deal signed with the Korea GasCorporation (KOGAS) in June 1997, the Korean firm is obligated to lift some4.8mn tons/year...