Qatar Petroleum Operations Remains Stable

Qatar Petroleum Operations Remains Stable

Qatar Petroleum( QP), state-run energy firm, said it is carrying out normal operations despite the land, sea and air disruptions after neighboring countries of Saudi Arabia, United Arab Emirates and Bahrain severed diplomatic and trade ties with the world’s largest liquefied natural gas producer and exporter, according to Pipeline.

Qatar Petroleum’s President and CEO, Saad Sherida Al-Kaabi,  said “On behalf of Qatar Petroleum and our operating ventures, I would like to express our gratitude to all our valued customers, and in particular our liquefied natural gas  ( LNG) customers, and would like to assure them of our determined efforts to continue uninterrupted supplies as the world’s most reliable LNG supplier.”

It is worth noting that, more than a third of the world’s LNG trade comes from Qatar, making it the world’s largest producer and exporter of LNG. Countries across the world, including Japan, China, Pakistan, the UK, France, Turkey, Brazil and Argentina  rely on the state-run corporation for much of their energy needs, ABC News  stated.

Dr. Mahinaz El-Baz 318 Posts

Mahinaz El Baz received her PhD degree in International Economics from Helwan University in 2022. She has +10 years of experience in journalism and economic analysis. She received the "Best Economic Article Award" in 2016 from CFA Society Egypt.

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