Enron Withdraws from Qatar Project
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Bloomberg News
Enron Corp. pulled out of a $2-billion pipeline project to export gas from Qatar as it became increasingly likely that an Indian power-sales agreement will collapse. The company said the move is not related to a filing by its 65%-owned Dabhol Power Co. to India’s Maharashtra state’s electricity board to stop supplying power because it’s owed about $63.9 million by the board.
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