VOL. XLV

No 29

22-July-2002

OMAN/UAE

Oman Oil/Dolphin Sign MOU For Gas Supply To Fujairah Power/Water Project

Oman Oil Company(OOC), owned 100% by the Omani Government, and Dolphin Energy Ltd (DEL) on 14July signed a memorandum of understanding (MOU) for the supply of Omani naturalgas to the power/desalination project being set up by UAE Offsets Group (UOG)in Fujairah.UOG has a 51% stake in DEL. The MOU establishes the general conditions of a gassales and purchase agreement (SPA) for gas supply...