VOL. XLIV

No. 18

30-April-2001

QATAR

Al-Rayyan Consortium Receives Approval To Expand Output Capacity To 25,000-35,000 B/D

Canadas Gulfstream Resources, which has a 65% interest in the al-Rayyan offshore oilfield along with BP (operator, 27.5%) and Preussag Energie (7.5%), announced on 19 April that approval had been received from Qatar Petroleum (QP) to raise production capacity to between 25,000 b/d and 35,000 b/d from the current level of 12,000 b/d. The exact new capacity level will be...