Middle East Economic Survey

VOL. XLVIII

No 44

31-October-2005

QATAR/ENERGY FINANCE

QPs Capital Increase, Possible Bond Issue, Reflect Qatar Boom

Qatars state-owned oil and gas producer, Qatar Petroleum (QP), has taken two major steps to increase the funding options for its substantial slate of projects, both on balance sheet by increasing its capital to QR50bn ($13.7bn) from QR20bn and through its preliminary preparations to tap the bond market. Second Deputy Prime Minister, Minister of Energy...