The joint venture sealed a sales and purchase agreement (SPA) with Korea Gas Corporation (Kogas) in 1995 to supply 2.4 million tonnes per annum of LNG over 25 years. RasGas and Kogas agreed to increase deliveries to 4.9 million tpa two years later and trains one and two now primarily supply Kogas. RasGas has now embarked on an expansion phase consisting of trains three and four — each with a capacity of 4.7
RasGas building on Asia business
RasGas, a joint venture between Qatar Petroleum (QP) and ExxonMobil, has come a long way since it was created in 1993 to meet burgeoning demand from Asia, writes Nassir Shirkhani.
15 November 2002 3:12 GMT
Updated
15 November 2002 3:12 GMT