Qatar merges two largest LNG producers

posted by Francis Churchill

5 January 2018

Qatar Petroleum (QP) has merged its two largest LNG producers in a move that is set to save the state-owned oil company R2bn a year.

QP's merger of Qatargas, the world's largerst LNG producer, with RasGas, the peninsula's second largest producer, became operational at the start of this month. The new firm is operating under the name Qatargas and has become the sole company responsible for Qatar’s gas exports.

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Qatar merges two largest LNG producers

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