VOL. XLII

No. 12

22-March-1999

QATAR

Qatar Cancels LNG Deal With Enron

Qatar痴 Minister of Energy and Industry, Mr. 羨bd al-Allahal-羨ttiyah, said on 18 March that the LNG project that Qatar had planned withEnron Corporation of the US for the construction of a plant at Ras Laffan hasbeen canceled. In January 1995, the state-owned Qatar General PetroleumCorporation (QGPC) and Enron signed a letter of intent for the establishment ofa joint LNG project in Qatar with a 5mn tons/year capacity. The letter...