Middle East Economic Survey

VOL. LIV

No 20

16-May-2011

QATAR

QP And JX Nippon Ink 30-Year Gas Exploration Deal

Qatar Petroleum (QP) on 8 May signed a 30-year exploration and production sharing agreement (EPSA) with Japans JX Nippon Oil and Gas Exploration Corporation for offshore Block A, situated off the northeast coast of Qatar. Following the signing ceremony in Doha, QP Director of Oil and Gas Ventures Sa'd Sherida al-Ka'bi said that the Japanese firm had pledged an initial investment of...