NO. 26


LNG Outlook

Mobil Forms Alliance With Wing Group To Develop Gas-Fired Power ProjectsIn China

The US firms Mobil Corporation and Wing Group have formed a "strategicalliance" to develop independent power projects (IPP's), according to aMobil statement issued on 10 March. Under the agreement, Mobil has the right toacquire a 30% equity interest in the Wing Group's current and future LNG and LPGprojects in China. The alliance is expected to expand cooperative efforts...