Qatar Petroleum and ExxonMobil Corporation announced last week that they have signed a Heads of Agreement (HOA) to supply liquefied natural gas (LNG) from Qatar to the United States, for a term of 25 years. Qatar Petroleum will have a 70% equity interest in the project, and ExxonMobil 30%. The announcement of the US$12 billion…
QATAR: Qatar Petroleum, ExxonMobil sign heads of agreement to supply 15.6 million tones/year of LNG
Posted on October 20, 2003 by EnergyAsia