VOL. XLIV

No 41

8-October-2001

QATAR

Details Of Qatargas/ChubuLong-Term LNG Price Formula

Thelong-term gas price agreement signed last June (MEES, 25 June) by the Qatar Liquified Natural Gas Company (Qatargas)on the one side and Chubu Electric and seven other Japanese buyers on the otherprovides a formula that will set the basis for trade between the two for thenext six years. Deliveries to Japan of liquefied natural gas (LNG) produced byQatargas began early in January 1997. The latest agreement...