Qatar reiterates pledge to provide “clean energy” to the world reliably and safely

May 17, 2010

Qatar has reiterated its commitment to provide “clean energy” to the world, reliably and safely.

“In the last 13 years, since we first began gas export to Japan, we have not defaulted even once on our supplies. We have not failed even once to deliver LNG cargoes to South Korea or India as well,” Abdullah bin Hamad Al Attiyah, deputy premier and minister of energy and industry, said. “The whole world knows we can be relied upon. We will remain committed to ensuring security of supplies,” he said after Qatar Petroleum (QP) signed an exploration and production sharing agreement (EPSA) with Shell and China National Petroleum Corporation (CNPC) in Doha.

Under the agreement, Qatar Petroleum, in association with Shell and China National Petroleum Corporation, will jointly explore for natural gas in block ‘D,’ which covers an area of 8,089 square kilometres, both onshore and offshore. The area is located close to Ras Laffan.

Al Attiyah said QP had the experience of working with Shell and CNPC in a multi-billion dollar petrochemical project in China.

“I am confident the exploration in block D will be successful as it is one of the most prolific gas basins,” he said.

Following the EPSA signing, Royal Dutch Shell Chief Executive Officer Peter Voser said Shell was the largest foreign investor in Qatar now. 

“We are developing significant volumes of Qatar’s proven resources through our two giant projects with Qatar Petroleum-Pearl GTL and Qatargas 4,” he said. 

“Shell is the largest foreign investor in Qatar now. I am pleased we now have an opportunity, with CNPC, to explore for new natural gas resources that could be used to further Qatar’s economic development. This agreement makes the most of Shell’s pre-Khuff exploration experience in the region and Qatar Petroleum’s unrivalled expertise in Qatar.”

PetroChina International Investment Chief Financial Officer Zhao Dong said CNPC was keen to build upstream partnerships with major resource holders like Qatar.

“We already enjoy a relationship with Qatar Petroleum and Shell and I am delighted that this co-operation is now extending to work within Qatar itself,” Dong said, adding that China is an “important downstream market.”



Tags: , ,


About the author

Born August 3, 1960 in Monastir, Tunisia
Media career:
  • ABC News (Tunisia)
  • Bahrain Tribune
  • Gulf News
  • Bahrain Television News
Teaching career:
  • Monastir (Tunisia)
  • University of Bahrain
  • MA  Mass Communications, University of Leicester
  • BA  in English & US literature and studies, University of Tunis

Random Image

8 visitors online now
2 guests, 6 bots, 0 members
Max visitors today: 23 at 05:26 pm UTC
This month: 45 at 08-06-2017 06:47 am UTC
This year: 48 at 05-21-2017 10:47 am UTC
All time: 137 at 07-08-2013 12:50 pm UTC
Better Tag Cloud