Middle East Economic Survey


No 48



Qatar To Keep Crude Production Capacity At 1Mn B/D

Doha switches strategy to prolong production plateau instead of preparing to boost future output.

Qatar is completing studies into its major producing fields with the aim of prolonging its plateau crude production capacity of about 1mn b/d, MEES learns. With oil prices at above $70/B and revenue rising from gas and NGL output as mega-projects come on stream this year and next,...