Arab Today, arab today qatar petroleum international plans vietnam project
Last Updated : GMT 22:53:58
Arab Today, arab today
Arab Today, arab today

Qatar Petroleum International plans Vietnam project

Arab Today, arab today

Arab Today, arab today Qatar Petroleum International plans Vietnam project

Doha - Arabstoday

Qatar Petroleum International is eyeing a venture to build a petrochemical plant in Vietnam and is interested in investments in North American shale gas and Russia\'s Yamal gas project, QPI\'s chief executive said. \"We\'re thinking of a joint petrochemical project in Vietnam. Our partner there is Petrovietnam and we may have some other partners from the far east, possibly a Thai company,\" Chief Executive Officer Nasser Al-Jaidah told Reuters in an interview at the World Petroleum Congress in Doha. Al-Jaidah said the company was considering investing in shale gas resources in North America. \"We\'re thinking of it, and of North America in general. (We\'re considering investing) with our friends: Total, Shell, ExxonMobil, with whoever is going to deliver for us. We\'re focusing our discussions right now only with the IOCs (international oil companies).\" Al-Jaidah said conversations were \"not yet in deep.\" Power generation represented another target area for the company, he said. \"We are still looking for opportunities in power generation in the region. We\'re thinking of Oman, we\'re thinking of Dubai. We\'re thinking of possibly liaising with an international power company in the UK or elsewhere.\" On Monday QPI signed a memorandum of understanding with British utility Centrica to look at joint investment opportunities.   Investment targets would include new or existing projects in upstream oil and gas including LNG, gas storage as well as combined-cycle gas turbine generation assets and downstream opportunities. \"We\'re also working on a partnership with companies that have already invested in Qatar, some Japanese companies and also some local Qatari companies.\" \"On the upstream side is where we really lack. We\'re working hard to find opportunities. They don\'t come easily in the environment we\'re in today, with the oil price what it is. But we still see some opportunities, and we\'re working hard with the IOCs to identify them.\" Jaidah said Qatar was keen to take a stake in the Yamal arctic liquefied natural gas (LNG) project under development by Russian gas producer Novatek. The project will develop the South Tambey field located in the Arctic area of the Yamal peninsula. \"We\'re working on it. We are keen, but the economic reality has to prevail at the end of the day. We have to make it work economically.\"   Resources from the condensate and gas field are expected to produce 5 million tonnes of LNG per year when production starts in 2016 and reach 15 million tonnes per year in 2018. Two or three more foreign partners could join Total as investors in Yamal, Novatek\'s chief executive said in October. Shell, Statoil, Qatar Petroleum and ONGC are all considered potential partners in the project. Qatar\'s energy minister said last month that the country was also considering a stake in Russia\'s number-two gas producer Novatek, in addition to the Yamal project. \"That is part of the concept. No detailed discussions have taken place yet, but that\'s the intention,\" Jaidah said. He said an investment in Australian LNG projects could be considered in the future. \"Australia is important. It is crowded and expensive, but if the right opportunity were there, we would be more than happy to participate. Our appetite generally is for existing production that is established.\"

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar petroleum international plans vietnam project Arab Today, arab today qatar petroleum international plans vietnam project

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar petroleum international plans vietnam project Arab Today, arab today qatar petroleum international plans vietnam project

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday