VOL. XXXV

NO. 16

20-JANUARY-1992

Qatar

BP Relinquishes Share in Qatargas

British Petroleum has decided to relinquish its 7.5% share in Qatargasbecause of inadequate economic returns projected from the approximately $5bn LNGproject that the venture is undertaking. A BP spokesman commented on 14 January:"After looking at our financial and investment priorities, we believe thatthe project does not give us a suitable return given the stiff competition forinvestment funds within BP," adding that the...