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StatoilHydro, RasGas Agree on Short-Term LNG Supply Deal

A spokesperson for StatoilHydro told Reuters that the company has reached an agreement with Qatar’s RasGas for short-term LNG supply for the Cove Point LNG import terminal. Although few details of the agreement have been made public, the StatoilHydro rep
June 16, 2009

A spokesperson for StatoilHydro told Reuters that the company has reached an agreement with Qatar’s RasGas for short-term LNG supply for the Cove Point LNG import terminal. Although few details of the agreement have been made public, the StatoilHydro representative said that “[t]he number of LNG cargos actually delivered to Statoil at Cove Point will depend on such factors as the competitiveness of U.S. gas prices.”

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