QATAR - The LNG Price. : An article from: APS Review Gas Market Trends [HTML]

Book Description
This digital document is an article from APS Review Gas Market Trends, published by Pam Stein/Input Solutions on September 15, 2003. The length of the article is 421 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: QATAR - The LNG Price.
Publication: APS Review Gas Market Trends (Newsletter)
Date: September 15, 2003
Publisher: Pam Stein/Input Solutions
Volume: 61 Issue: 11Distributed by Thompson Gale

Excerpt. © Reprinted by permission. All rights reserved.
QP's lead partners in QatarGas and RasGas have had problems with the pricing of LNG. Originally, QP had insisted on a minimum FOB or CIF price, combined with an annual indexing factor based on inflation, to guarantee a good return on investments for the seller. Chubu Electric and a group of seven other Japanese utilities having signed contracts to buy LNG from QatarGas agreed to the minimum price concept. But they disagreed with QatarGas on the details. QP wanted that the price formula be applied to all Qatari LNG ventures, including RasGas, on the following lines: a floor of $3.60/m BTU CIF-Far East, or $2.50/m BTU fob-Ras Laffan, plus an annual escalation factor for inflation...


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