VOL. XXXVI

NO. 39

28-JUNE-1993

UAE

Abu Dhabi/Sharjah Agreement On Gas Settlement Close

Abu Dhabi and Sharjah are close to agreement on a new contract under whichAbu Dhabi will pay Sharjah for gas which it supplies to other northern emirates.Few details of the new agreement are available, but MEES understands that itwill be worth around Dh200mn-300mn ($54mn-82mn) a year to the Government of Sharjah. Signature was expected earlier this year but has been delayed,reportedly because of a request by the...