VOL. XLI

No. 07

16-February-1998

UAE

LNG Sellers Face Downward Price Pressure Amid Growing Competition

As expected, Turkish state importer Botas has awarded the Qatargas liquefied naturalgas venture a tender for the supply of LNG into Turkey's Marmara Ereglisi terminal during1998 (MEES, 2 February). Some seven cargoes are now scheduled to be deliveredduring the period March through November, down from eight shipments requested in the lastround of discussions. At seven cargoes, the arrangement...