VOL. XXXIX No. 62 2 December 1996QATAR

New Japanese Partners In Ras Laffan LNG To Sign HOA On 9 December MEES understands that the formal heads of agreement (HOA) between Itochu and Nissho Iwai and Ras Laffan LNG (QGPC 70%, Mobil 30%) under which the two Japanese trading firms are to assume a total 7% equity stake in the project is now scheduled for signature on 9 December in Tokyo. Under the terms of the deal, Itochu is to take a 4% equity stake in Ras Laffan LNG while Nissho Iwai's share...