VOL. XL

No. 13

31-March-1997

UAE

Adgas-Korea Supply Talks Gather Momentum As Tepco Phases Down 1997Contract Volumes

Discussions between the Abu Dhabi Gas Liquefaction Company(Adgas) and Korea Gas Corporation (KGC) regarding the short-term sale of liquefied naturalgas from the venture appear to have gathered momentum in the wake of a recently-negotiatedvolume reduction for fiscal year 1997 secured by major customer Tokyo Electric PowerCompany (Tepco). The Japanese company, which has been...