VOL. XLVI

No 36

08-September-2003

QATAR

ENERGY FINANCE

Qatar Petroleum 2002 Net Income Climbs After Slip In 2001

Qatar Petroleum (QP) announced in its 2002 annual report that net income climbed 8.4% to QR8,285mn ($1=QR3.64) on sales revenue of QR30,955mn, compared to 2001 net income (restated) of QR7,641mn and sales revenues of QR31,228mn. The climb in income follows the 12% fall in 2001 from 2000 levels (MEES, 14 October 2002). Total assets rose to QR57,615mn in 2002 from QR54,179mn in the...