QATAR CHOOSES SNAM TO MARKET LNG IN EUROPE

Qatar has chosen Italy's Snam SpA as its European partner to sell liquefied natural gas to Europe from a $4.8 billion joint venture project involving supergiant North offshore gas field. State owned Qatar General Petroleum Corp. (QGPC) and Snam signed an agreement in Doha to create a joint company owned 65% by QGPC and the remainder by Snam. Italy's state electricity monopoly, ENEL, which is seeking Qatari gas as fuel for its power plants, may later acquire part of Snam's interest

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