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  1. Qatar Inaugurates First LNG ‘Mega-Train’ As Technical Issues Persist

    ...t now expected until summer. If this goes ahead, start-up is not expected much before 2014. QP is also taking another look at costs at ExxonMobil’s 1.5bn cfd Barzan gas development, which was to supply gas for domestic power generation and desalination plants. This has now been delayed by at le...

    Volume: 52
    Issue: 15
    Published at Mon, 13 Apr 2009

  2. Moody’s Rates Qatar’s $3Bn Bond Issuance At Aa2

    ...vernment of Qatar’s existing issuer ratings are also Aa2 with a stable outlook. The total size of the bond issuance was $3bn, split into two tranches: a $2bn tranche maturing in 2014 and a $1bn tranche maturing in 2019. The proceeds from the bonds will be used for general funding, including the pr...

    Volume: 52
    Issue: 15
    Published at Mon, 13 Apr 2009

  3. Saudi Aramco Looks To Implement PETRORabigh II Amid Downstream Go-Slow

    ...raxylene feedstock from the aromatics complex. A propylene unit will utilize ethylene and a mixed C4 stream, and will also supply the derivatives units. Once the project gets final approval, construction should begin in 2011 with start-up due in 2014....

    Volume: 52
    Issue: 15
    Published at Mon, 13 Apr 2009

  4. Foreign Partners Fill The Gap As Buyers Shun Floor Prices In Mideast LNG Sales Contracts

    ...09 or below $1.65/mn BTU from 2010 through 2014. Despite these price triggers, however, Mobil will only advance funds under the fall-back arrangement if the venture's cash flows are not sufficient to meet RasGas' debt service obligations. Both figures are in 1996 dollars and remain constant over the ti...

    Volume: 40
    Issue: 15
    Published at Mon, 14 Apr 1997