VOL. XXXVII

NO. 51

19-SEPTEMBER-1994

Financial and Banking News

Regional Financing

Qatargas Will Not Be Delayed By Third Train Financing, Bankers Say

The progress of the Qatargas liquefied natural gas (LNG) project will not bedelayed, despite an expected decision to add the funding of a third train to thepresent financial arrangements. The four banks underwriting the $680mn packagefor the upstream element of the project are expected to add in another $300mnto cover the upstream costs of the third...