Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 269 Mon. February 28, 2005  
   
Business


Qatar to sign mega gas deal with Shell


Qatar was due to sign on Sunday an eight billion dollar deal with Royal Dutch/Shell to supply liquefied natural gas to the United States after laying the cornerstone for a mega project to supply LNG to Britain.

The deal with the Anglo-Dutch energy giant, under which Qatar will supply eight million tons of LNG annually to the United States, will be announced on the eve of a Doha Gas Conference opening Monday, industry sources said.

Another major deal, with France's Total, is expected to be unveiled on the first day of the four-day conference, which will be attended by executives from international energy majors.