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...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!