No. 31



QGPC Seeks Financing For Ras Laffan LNG

As MEES went to press, the financing of Qatar's Ras Laffan LNG project, and in particular the question of how and when the Qatar General Petroleum Company (QGPC) is to provide its equity share in the project (currently put at $600- 650mn), was in the balance. Banking sources say that it is likely that the state of Qatar will come to the market for a further sovereign loan in order to provide QGPC with the...