Wednesday 26 November 2014
 
»
 
»
Story

Qatar inks major Korea LNG supply contract

Doha, February 11, 2012

Qatar's Rasgas has agreed to sell South Korea's state-run Korea Gas Corp (Kogas) an additional 2 million tonnes a year of liquefied natural gas (LNG) for the next 20 years, the two companies said in a statement.

Kogas, one of the world's biggest LNG buyers, already has contracts with Rasgas to receive a total of around 7 million tonnes a year until 2024-2026.

'This agreement is further evidence of these strong ties and helpful for long term security of LNG supply to Korea,' Kogas chief operating officer Young Sung Park said in a statement.-Reuters




Tags: Qatar | LNG | Rasgas | Supply | contract | Korea | Kogas |

More Energy, Oil & Gas Stories

calendarCalendar of Events

Ads