VOL. XLV
No 24
17-June-2002
QATAR
Qatar Petroleum 2000 Net Income Climbs160%
In its recently released 2000 annual report (2001 isnot yet available) state-owned oil company Qatar Petroleum (QP) said that itsnet income climbed 160% in 2000 to QR8,752mn($1=QR3.64) on sales revenue ofQR31,873mn compared to a net income in 1999 of QR3,360mn on sales ofQR17,796mn. The company managed to keep capital expenditure in check at QR4,080mn in 2000, up only marginally from QR3,988mn in 1999.The companys total...
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