Wednesday 27 May 2009

Kuwait still chasing Qatar LNG deal

Kuwait is close to completing receiving facilities for liquefied natural gas (LNG), but has ailed to conclude a deal with Qatar to import the gas.

“Our marketing division is working very hard, and we hope they strike a deal soon,” ohammad Hussain, the deputy chairman of Kuwait Oil Company, said on the sidelines of he Gastech conference in Abu Dhabi.

“Kuwait is already building the infrastructure.” The hold-up in securing offshore gas supplies exemplifies the problems that several Gulf states are facing in securing enough gas to supply their burgeoning domestic needs.

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