Qatar’s Minister of Energy and Industry, Muhammad al-Sada announced a new international push on 3 October: “Our new vision is [for state firm Qatar Petroleum] to be a world class oil and gas corporation with its roots in Qatar and a strong international presence,” he told reporters, adding “we will augment our presence worldwide, in addition to improving sustainability at home and adding to our industrial sector here with a number of mega projects.”
The announcement comes just days after Qatar Petroleum International (QPI) and UK-based utility and upstream gas producer Centrica finalized a $1bn deal to purchase conventional oil and gas assets and exploration acreage in Canada’s Alberta oil heartland from Canadian oil sands-focused firm Suncor Energy. (CONTINUED - 1032 WORDS)
