VOL. XL

No.24

16-June-1997

QATAR

Amoco and India's Essar Form Consortium To Buy Qatari LNG

The US's Amoco Exploration and Production and India's private EssarGroup have established a 50-50 joint venture both for a gas receiving terminal andregasification plant in India and for the purchase of Qatari liquefied natural gas (LNG).Essar had already signed in January 1995 a memorandum of understanding (MOU) with theQatar General Petroleum Corporation (QGPC) for the delivery of 2mn tons/year of LNG...