Qatargas and RasGas to merge

Qatargas and RasGas to merge

Qatar is to merge state-owned liquefied natural gas producers Qatargas and RasGas. The transition, which will result in a single company called Qatargas, will take around 12 months to complete and will begin before the end of this year.

Qatargas is the largest LNG-producing company in the world, with an annual output capacity of 42m tonnes a year, while RasGas has a production capacity of about 37m tonnes a year. Combined the two will have the world’s largest operated LNG carrier fleet in the world.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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