VOL. XLV

No 1

7-January-2002

QATAR/UAE

QP And DEL Sign Dolphin DPSA, SPAWith Dubai Still Awaited

Qatar Petroleum (QP), representingthe Qatari Government, and Dolphin Energy Ltd (DEL) on 23 December signed adevelopment and production-sharing agreement (DPSA) for the scheme to transportnatural gas from Qatars offshore North Field via a sub-sea pipeline to the UAE(the Dolphin project). The two sides signed the term sheet for the $3.5bnproject in March last year (MEES, 19March 2001). Under the...