VOL. XXXVIII
NO. 26
27-MARCH-1995
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...
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