Qatar | Egypt Oil & Gas - Part 9
Qatar to Order 60 LNG Carriers from South Korea
Qatar plans to order 60 new liquefied natural gas (LNG) carriers from South Korea, Saad Al-Kaabi Qatari Oil Minister said during a bilateral summit for Doha, Reuters reported. The chief executive of South Korea’s Daew...
Qatar Announces OPEC Exit
Qatar announced on December 3 that it will exit the Organization of the Petroleum Exporting Countries (OPEC) and increase its focus on gas, Reuters reported. Qatar will officially leave the cartel in January 2019 and ... Qatar names Kaabi as new head of OPEC delegation
Qatar has named Saad al-Kaabi as the head of its OPEC delegation, replacing Mohammed al-Sada, OPEC announced on its website on November 14, according to Reuters. Earlier this month, Kaabi became Qatar’s minister of st...
Qatar to Pay $4.23B for Stake in Russia’s Rosneft
The Qatar Investment Authority (QIA) sovereign wealth fund will pay roughly $4.23 billion for a half of a 14.16% stake in Rosneft, the Russian oil giant announced on November 6, according to Reuters. The QIA will beco... Qatar Restructures Board of State Energy Firm
Qatar has restructured the board of its state energy firm Qatar Petroleum as a part of a large scale corporate and government reshuffle that included the cabinet, the Qatar National Bank and the Qatar Investment Autho...
Qatar LNG Production to Reach 110 M mt/year by 2024
Qatar plans to boost its liquified natural gas (LNG) production capacity to 110 million metric tons per year (mt/year) by 2024, an increase of roughly 43%, S&P Global Platts reported. Global demand for LNG is expe...
Occidental Petroleum No Longer Extending Qatar Field Contract
Occidental Petroleum Corp announced they are no longer pursuing an extension of the Qatari Idd El-Sharghi North Dome (ISND) offshore oil field, the company announced in a press release. Occidental’s current contract e...
Qatar Petroleum Agrees 5-Year LPG Supply Deal with China
State-owned Qatar Petroleum has signed a five-year deal with China’s Oriental Energy to supply 600,000 tons of liquefied petroleum gas (LPG) per year, the company announced in a press release. The contract will start ... 
