VOL. XXXVI

NO. 31

3-MAY-1993

UAE

Kvaerner of Finland Wins Contract For Abu Dhabi LNG Carriers

The Abu Dhabi National Oil Company (ADNOC) and Kvaerner Masa-Yards of Finlandhave finalized a contract for the delivery of four 135,000-cu. m. liquefiednatural gas (LNG) carriers between January 1996 and June 1997 to be used intransporting LNG from the Abu Dhabi Gas Liquefaction Company (Adgas) to Japan.ADNOC will lease the new vessels to Adgas. The contract is valued at NKr6.5bn($973mn). A bid for the...