QATAR GENERAL PETROLEUM CORP. (QGPC) and Mobil Corp. agreed to form a joint venture to develop as much as 10 million metric tons/year of liquefied natural gas from giant North field off Qatar. The joint venture will market LNG from the project, operated by Ras Laffan Liquefied Natural Gas Go. Ltd. and owned 70% by QGPC and 30% by Mobil. Mobil and QGPC also are teamed in the Qatargas LNG project to supply LNG to Japan's Chubu Electric starting in January 1997 (OGJ, Dec. 14, 1992, p. 30).

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