VOL. XLV

No 48

2-December-2002

OMAN

Union Fenosa/Tractebel/TotalFinaElf In Supply Deals With OLNG

Oman LNG (OLNG) has recently concluded three short-term liquefied natural gas (LNG) supply contracts with European companies. OLNG has been seeking short-term and spot sales to find markets for gas that was originally scheduled to be shipped to the Dabhol Power Company (DPC) in India under a 21-year contract for the supply of 1.6mn tons/year beginning in 4Q 2001. The collapse last year of Enron,...