VOL. XL

No. 35

1 September 1997

QATAR

Japan's Chubu Electric Applies New Provisional Price To Qatargas LNG Deliveries FromJuly

MEES understands that Japan's Chubu Electric Power Company is now paying forcargoes of liquefied natural gas delivered under its long-term supply arrangement withQatargas under a new interim pricing basis. Sources in Japan say that Chubu began applyingthe revised pricing mechanism, which is equivalent to the average published price of LNGdelivered into Japan, on 1 July...