VOL. XXXIV

NO. 38

24-JUNE-1991

Qatar

Norsk Hydro Relinquishes Management of QAFCO

Norsk Hydro of Norway has relinquished its management of the Qatar FertilizerCompany (QAFCO) for a 25% interest in the company's capital, which it holds withthe Qatar General Petroleum Corporation (QGPC), under the terms of an agreementsigned in London early this month. Under the agreement Norsk Hydro, which hasbeen managing QAFCO and marketing its output for the last 20 years, hastransferred all its responsibilities...