VOL. XLVI

No 22

2-June-2003

QATAR

Ivanhoe, QP End GTL Negotiations

Canadas Ivanhoe Energy on 28 May announced that discussions have been terminated between Qatar Petroleum (QP) and the company in the negotiation of an agreement to develop a block in Qatars North Field to produce natural gas liquids and gas-to-liquids (GTL) products. Ivanhoe said it was very disappointed that negotiations have not been successful, particularly with the amount of time and money invested in bringing the project this...