No. 11



QGPC Approves Full Development For Offshore Al Khalij Oil Field

The Qatar General Petroleum Corporation (QGPC) has approved a new development plan for the offshore Al Khalij oil field in block 6. The field has been in production since March 1997 and has a capacity of 30,000 b/d, although it currently produces 22,000 b/d because of OPEC quota restrictions. Totalfina-Elf holds a 55% interest in Al Khalij through its subsidiary Elf Petroleum Qatar, while a...