VOL. XLI

No. 43

26-October-1998

QATAR

'Attiyah Says QGPC Revenue Declined 23% In 1H 98; Cost OfProduction Put At $1.46/B

The total value of sales by the state-owned Qatar General PetroleumCorporation (QGPC) during the first half of 1998 declined from a forecast QR8.6bn($2.36bn) to QR6.6bn ($1.81bn), or a decrease of 23%, according to Qatari Energy Minister'Abd Allah al-'Attiyah in a speech delivered at the Petroleum Engineering Society in Dohaon 13 October. Mr. 'Attiyah, attributing the...