Project Financing: How Qatargas II raised bar
Article from: OGEL 1 (2006), in Liquefied Natural Gas (LNG)
Introduction
In this article the authors analyse how a key industry project changed the way money would be raised for future ventures. Much of the success in QGII can be attributed to the project sponsors' ability to successfully link up a large natural gas reserve with a downstream market requiring art increasing supply of imported gas in the future. But most critically, the integrated project sponsorship throughout the entire LNG chain from two established oil and gas companies with a track record of partnership in successful LNG projects, assured lenders that overall project risk ...