U.N. ISSUES REPORT ON NATURAL GAS CLAUSES
The U.N. Centre on Transnational
Corporations has issued a report containing guidelines and
recommendations for negotiating natural gas clauses in
agreements between transnational petroleum corporations and
host countries.
    The U.N. said the report was aimed at promoting petroleum
exploration in areas perceived as being gas prone. The 49-page
report contains an in-depth examination of the problems of gas
developoment and looks at different ways in which contractual
terms might deal with the risks in gas development associated
with pricing, marketing and volume.
 Reuter
