VOL. XLII

No 51

20-December-1999

UAE

Adgas And Enron Finalize 480,000 Tons/Year LNG Deal

The Abu Dhabi Gas Liquefaction Company (Adgas) and Enronsigned a final agreement in early December for a 20-year contract for thesupply of 480,000 tons/year of liquefied natural gas (LNG) from Abu Dhabi tothe Dabhol Power Company in India, beginning in the last quarter of 2001.Enron, through its Indian affiliate, MetGas, owns 50% of Dabhol, with theMaharashtra State Electricity Board owning 30%, General...