NEWS ARCHIVE

Total to join in Qatargas-2

Qatargas and Total are reportedly in the final negotiation stages of an MOU that will see the Qatari company exporting around five millions tons of gas from Qatargas-2 project.

Total to join in Qatargas-2

Despite failing to reach an understanding during the LNG 14 conference in Doha, Faisal al-Suwaidi, Qatargas' vice-chairman and managing director, said a resolution was expected in the next few weeks.

"The companies were almost there and now the stumbling blocks are very small and not a showstopper," added Faisal.

Should the deal go through, Total will join a third Qatargas-2 train sized at 7.5 million tons per year and export the output to the US and Europe.

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