VOL. XXXIX

No. 36

6-June-1996

JORDAN

Enron Concludes Negotiations For Aqaba Regasification Plant

Ms. Rebecca Mark, Chief Executive Officer of Enron Development Corporation, announced on 27 May that negotiations with the Jordanians and the Israelis for the formation of a joint venture to construct a $300mn regasification plant at 'Aqaba in Jordan to receive Qatari liquefied natural gas (LNG) had been finalized, and that an agreement was expected to be signed in the next few weeks. The...