Tag Archives: Qatar

Total. which will take over the field operation from Maersk Oil on July 14. plans to invest $2 billion in expanding the field over the next five years.

Total signed a $2 billion preliminary agreement with Iran last week to build three petrochemical plants.

Qatar. the world’s largest LNG supplier and second biggest gas exporter after Russia. has some of the lowest production costs.

That marked only the second time the weekly oil-rig count fell this year. Oil-rig numbers had climbed for 23 weeks in a row.

Qatar is the world’s biggest producer of Liquefied Natural Gas (LNG). Qatar’s current production is up to 77 million tons per year.

For more than 65 years. Qatar has spared no effort to achieve its goal of becoming a reliable energy supplier.

A second gold rush is taking place on a small island few people know about.

Qatar and Russia have long been rivals in global gas markets.

Saudi-led sanctions imposed two weeks ago on Qatar. the world largest exporter of LNG.

Storage provides security and flexibility of supply.