RasGas Talking to India Customers About Selling Additional LNG -Managing Director

Date : 06/05/2012 @ 10:26PM
Source : Dow Jones News
Stock : Exxon Mobil Corp. (XOM)
Quote : 80.55  0.0 (0.00%) @ 7:58AM

RasGas Talking to India Customers About Selling Additional LNG -Managing Director

Exxon Mobil (NYSE:XOM)
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   By Gurdeep Singh 
 

KUALA LUMPUR--Qatar's RasGas will produce 37 million metric tons of LNG in 2012, matching its total capacity, with no more maintenance shutdowns planned for this year, Managing Director Hamad Rashid Al Mohannadi said Wednesday.

Separately, Mohannadi he said he doesn't expect future LNG exports from North America to change the oil-based pricing mechanism in Asia.

He also said the moratorium on further development of the giant North Field is unlikely to be lifted anytime soon.

Write to Gurdeep Singh at gurdeep.singh@dowjones.com

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