Vol. XL

No. 2



New LNG Price Goes Into Effect As Adgas-TepcoNegotiations Near Finalization

While final document signature has yet to beobtained, the Abu Dhabi Gas Liquefaction Company (Adgas) has begun applying a new LNGmarket price agreement negotiated with major customer Tokyo Electric Power Company (Tepco)at the end of last year. The new arrangement applies to shipments delivered as fromDecember 1996 and replaces a provisional price system which had been in effect since...