VOL. XXXVI

NO. 8

23-NOVEMBER-1992

QATAR

Italy's Enel Decides not to Join Qatar's Eurogas Joint Venture

Italy's state-owned power company Enel has decided not to take an equitystake in the newly-established Qatar Europe LNG Company which was set up inSeptember as a joint venture owned 65% by the Qatar General PetroleumCorporation (QGPC), 30% by Snam of Italy and 5% by Bunker Hunt of the US (MEES,6 July and 7 September). In June 1992 Enel and Snam signed the Heads ofAgreement for a 30% stake in the...