Total to buy into Qatar Gas II

  • Qatar: Tuesday, December 21 - 2004 at 08:22

Total is in the final stages of negotiating an entry into the USD12bn Qatar Gas II project, CEO Faisal Al Suwaidi told Bloomberg. Exxon and Qatar are building the world's largest LNG plant to export gas to the UK from 2007-8. Total wants to buy plants to handle 5m tonnes out of the total capacity of 16m tonnes.

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