NO. 29



Enron Of The US To Purchase Qatari LNG For India

The Qatar General Petroleum Corporation (QGPC) signed in Doha on 11 April aletter of intent for the sale of 2.5mn tons/year of Qatari LNG to EnronDevelopment Corporation and Enron Power Corporation over a period of 25 yearsbeginning in 1997-98. The letter of intent stipulates that Enron will lift 2.5mntons/year of LNG produced by the projected Ras Laffan LNG Company, in whichMobil of the US has a 30% interest...