VOL. XXXIX
No. 4
23-October-1995
OMAN
Oman LNG Faces Hurdles Following Qatar-Korea Supply Deal
Despite ongoing negotiations between Oman LNG and Korea's KGC, prospects for the early conclusion of a definitive take-or-pay purchase contract which would allow Oman's ambitious 6.2mn ton/year LNG plant to proceed as planned have dimmed considerably now that Qatar's rival Ras Laffan LNG project has secured a firm 2.4mn t/y 25-year commitment from the Korean firm (see lead story). While KGC...
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