LNG SCENE: QATARS EXPORT PLANS INTENSIFY; SALE OF COLUMBIA'S U.S. TERMINAL IN DOUBT

07/20/1992
Activity continues to percolate in Qatar's massive liquefied natural gas export program. In the latest development, France's Ste, Nationale Elf Aquitaine and Japan's Sumitomo Corp. agreed to promote development of Qatar's LNG export project based on supergiant North offshore gas field and step up discussions with potential buyers in coming months. Target markets lie in Japan and the Far East. Among other LNG operations, Columbia Gas System Inc. last week said it was told by Shell LNG Co. it is unlikely that presale conditions will be met prior to Shell LNG's scheduled purchase July 29 of 40.8% of the stock in Columbi...
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