Middle East Economic Survey

VOL. LIII

No 24

14-Jun-2010

Qatar Eyes Yamal And Iran Investments, Technical Problems Close LNG Plants

Faced with slumping gas prices, Qatar plans to invest in Russian gas fields and Iran in a strategy to collaborate with, instead of compete against, the worlds two largest holders of gas reserves, a Qatari official tells MEES. The aim is mutual investment and coordination, he says.

State-owned Qatar Petroleum (QP) staff are thinly spread across Qatari projects, so the...