This is the second agreement of its kind between the Qatari LNG producer and CPC Corp which is taking advantage of the current weak natural gas prices to secure long-term supplies.
RasGas will additionally sell the company additional supplies of liquefied natural gas from 2012 to 2016. Those supplies will come from Ras Laffan Naural Gas Company-3 – a joint venture of state-owned Qatar Petroleum (QP) and ExxonMobil.
