Economy

$70 B Three Contracts With South Korea To Build Over 100 Nos. of LNG Ships With South Korea

02/06/2020

Doha, 01 June 2020 (QP) Qatar Petroleum (QP) entered into three agreements to reserve LNG ship construction capacity in the Republic of Korea as per QP's future LNG carrier fleet requirements, including North Field expansion and in United States. The “Big 3” Korean shipyards -Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI) and...

QP To Postpone Start of Production from New Gas Facilities Until 2025, AlKaabi

07/04/2020

Doha, April 07, 2020 (QNA) Minister of State for Energy Affairs, State of Qatar, Eng. Saad bin Sherida Al Kaabi, who is also President and CEO of Qatar Petroleum (QP), said that Qatar Petroleum (QP) will postpone the start of production from its new gas facilities until 2025 following a delay in the bidding...

Al-Kaabi: Qatari Energy Companies to Extend Support to Counterparts in China

12/02/2020

Doha, 12 Feb. 2020 Saad Sherida Al-Kaabi, President and CEO, Qatar Petroleum, expressed Qatar Petroleum’s solidarity with its counterparts in the People's Republic of China as part of its government’s efforts to contain the coronavirus and to alleviate its impact on the population and the economy. In a statement issued today, Al-Kaabi said, “I would...

"Made in Bangladesh" Exhibition Opens in Doha

28/01/2020

Doha, 28 Jan. 2020 (QNA) "Made in Bangladesh" exhibition opened at Doha Exhibition and Convention Centre on Tuesday. The three-day exhibition is organized by Qatar-Bangladesh Forum, in cooperation with the Embassy of Bangladesh in Doha. Nearly 100 companies are taking part in the exhibition, covering 18 main sectors in Bangladesh in the fields of information...

50th World Economic Forum Takes Off At Davos

21/01/2020

Davos, 21 January 2020 (AlJazeera News/Misc.) The 50th World Economic Forum, has kicked off in the Swiss city of Davos, with an agenda that is focused heavily on climate change, as world leaders struggle to tackle the crisis. The Conference will be held from 21 - 24 January 2020. The four-day annual gathering of some...

Qatar To Build 800 MWs Solar Energy Plant

19/01/2020

Doha, 19 January 2020 Qatar has signed an agreement with French energy giant Total and Japan's Marubeni to build a solar power plant capable of producing 800 megawatts, a tenth of country's peak energy demand, according to Sa'ad AlKa'abi, State Minister for Energy. Addressing a press conference just after the signing of agreement this afternoon...

Al-Kaabi Holds Energy Cooperation Talks in Beijing with Chinese Industry Executives

19/11/2019

Doha, 19 Nov 2019 Saad Sherida Al-Kaabi, Minister of State for Energy Affairs of State of Qatar, met in Beijing with Dai Houliang, Chairman of China Petroleum & Chemical Corporation (Sinopec), Wang Dongjin, Chairman of China National Offshore Oil Corporation (CNOOC), Wang Yilin, Chairman of China National Petroleum Corporation (CNPC), and Lei Fanpei, Chairman of...

Doha: UDC Declares QAR 343m of Net Profit at Q3 of 2019

25/10/2019

Doha, 25 Oct 2019 United Development Company (UDC), a leading Qatari public shareholding company and the master developer of The Pearl-Qatar and Gewan Islands announced its financial results for the nine-month period ended 30 September 2019, reporting net profit of QR 343 million over revenues of QR 1.3 billion. The net profit attributable to the...

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