MOBIL CORP. and Qatar General Petroleum Corp. signed heads of agreement for Mobil to take a 10% interest in the Qatargas project to produce 6 million metric tons/year of LNG (OGJ, May 25, p. 30). Total will retain its 10% stake in Qatargas, leaving Mobil's interest to come from partners Mitsui or Marubeni, each with 10%, or QGPC. The agreement also calls for Mobil to take a 30% interest in a new joint venture company that would produce more than 10 million tons/year of LNG. Both projects

In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive


More in Companies