QPI Powers Into Med
Qatar Petroleum’s overseas investment arm, Qatar Petroleum International (QPI), has purchased 25% of the 435 mw Heron II combined cycle gas turbine power plant in Greece. The plant is jointly owned by Greece’s GEK Terna and France’s GDF Suez.
The purchase may be indicative of a possible shift in strategy for QP, which may opt to grow into an integrated oil and gas company internationally. If QP goes down...