Qatargas, RasGas merger completed
Qatar qatargas
Qatargas will now be in charge of Qatar’s entire LNG output.
“Our aim was to integrate the two companies’ resources and capabilities to create a truly unique global energy operator in terms of size, service and reliability,” QP CEO Saad Al Kaabi said in a statement. “It is important to highlight that this integration will ultimately save us around QAR 2 billion [USD 548 million] in operating cost annually.”
The merger, which closed on January 1, was first announced in December 2016.
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