VOL.XXXIXNo. 423-October-1995
QATAR
SouthKorean Gas Deal Launches Qatar's Second LNG Project
Thesignature last week by the Korea Gas Corporation (KGC)
of the long awaited sales and purchaseagreement for2.4mn tons/yearof liquefied natural gas (LNG) from the Ras Laffan LNG venture (70% QGPC,30% Mobil) has broughtQatar's secondLNGproject a major stepcloser to realization and
has put the country well on its way toachievingitsgoal ofexportingaround16mn t/y of LNG by the middle of the
next decade....
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