No. 27



Enron Signs Letter Of Intent For 'Aqaba Regasification Plant

The US firm Enron Corporation signed on 26 March a letter of intent with Jordan for the construction of a $300mn regasification plant at the Red Sea port of 'Aqaba - which will upon completion in the year 2000 supply Jordan and Israel with Qatari gas. The plant is planned to handle 2.5mn tons/year of Qatari LNG. Enron also plans to construct at 'Aqaba a 500-1,200MW power plant, which will...