VOL. XL

No. 25

23 June 1997

QATAR

Ras Laffan LNG And Korea Gas To Sign 4.8mn Ton/Year Sales Contract On 30 June

MEES understands that Qatar's Ras Laffan Liquefied Natural Gas Co.(RasGas) and the Korea Gas Corp. (KOGAS) have set a date of 30 June for the finalsignature of a sales and purchase agreement (SPA) under which the Korean firm willincrease its long term purchase commitments from the liquefaction venture by an additional2.4mn tons per year to 4.8mn t/y. The incremental 2.4mn t/y will...