VOL. XLII

No 41

11-October-1999

QATAR

QGPC Extends Consortium痴 Right To Al-Rayyan Field For OneMore Year

The state-owned Qatar General Petroleum Corporation (QGPC)has extended the rights held by an Arco-led consortium in al-Rayyan concessionfor one more year, to 16 July 2000. According to a statement issued by Canada痴Gulfstream Resources, a member of the consortium, the extension allows thecompanies more time to finalize a gas sales contract in order to start gasdevelopment in their block in the...