Qatar and France to discuss energy projects

Apr 18, 2005 02:00 AM

Qatar Energy Minister Abdullah bin Hamad al-Attiyah left for France on a five-day official visit to discuss energy projects in his country with French officials and executives.
Al-Attiyah said he would specifically meet with top executives of energy giant, Total, which he described as a strategic partner in several oil and natural gas projects in Qatar, the latest of which was QatarGas-II. Total signed an initial agreement in February to buy 5.2 mm tpy of natural gas for 25 years, as well as acquiring 16.7 % equity in the project.

Al-Attiyah told that all formalities for a final agreement are being finalized and will be implemented soon. A Qatari source said the minister will discuss new energy projects to be set up in Qatar with Total.
Al-Attiyah is also expected to meet with the head of the Paris-based International Energy Agency, Claude Mandil, and would participate at an energy conference in France. Al-Attiyah said he will discuss with Mandil the next oil producer-consumer forum which will be held in Qatar next year.

Qatar is an energy-rich country and now is considered the leading natural gas exporter in the Middle East.

Source: Dow Jones
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