VOL.XXXIXNo. 423-October-1995


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....