VOL. XL

No. 20

19-May-1997

UAE

Adgas Concludes Negotiations With Korea ForShort-Term Sale Of LNG

It appears that on-going volume and pricing discussions between the Abu Dhabi Liquefaction Company (Adgas) and Korea Gas Corporation (KGC) for the sale of liquefied natural gas from 1997 through 2000 have to all intents and purposes been finalized. Final signature of the sales and purchase contract is still pending, however, and KGC officials say they will continue to press for additional...