VOL. XXXI

NO.41

18-JULY-1988

QATAR

QGPC Entrusted with all Contracts for Oil and Gas Exploration andDevelopment

Under the terms of a new law promulgated on 12 July, the state-owned QatarGeneral Petroleum Corporation (QGPC) has been entrusted with all negotiationsand contracts involving the exploration for and development of hydrocarbonresources. QGPC will also take over the management of oil and natural gasexploration and drilling. These operations have so far been handled by thePetroleum Affairs...