Qatar Ups Oil Production
Filed in archive Capital Investing , Market , Peak Oil , World on May 14, 2006
As announced last week, Qatar plans to invest $5 billion through 2010 in an attempt to increase the production of crude oil.
Qatari Energy minister Abdullah Bin Hamad Al Attiyah stated that the record oil prices of more than $75 per barrel was the result of fears and speculation within the market. Qatar intends to allocate $5 billion over the next five years to boost oil production capacity to 1.1 million barrels per day. Last November, they had previously announced that they would boost their oil production to 1.0 million barrels per day by 2010. According to the Energy Information Administration, the proved oil reserves, for Qatar, of 16 billion barrels should ensure continued output at current levels for about 23 years.

Permalink: Qatar Ups Oil Production
Tags: oil, quatar
Vote for Qatar Ups Oil Production:
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Rating: 9.17 out of 6 vote(s) cast.
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Response from:
(10/23/07 5:39am)
Response from:
SIKANDER ASAD
(09/03/08 12:23pm)
DEAR SIR,
WE WOULD LIKE TO INFORM YOU THAT WE ARE THE MAJOR IMPORTER IN PAKISTAN FROM LAST 4 DECADES AND WE ARE VERY MUCH INTERESTED TO IMPORT ALL LUBRICANTS LIKE OIL PRODUCTS FROM QATAR DOHA.
KINDLY PROVIDE US NECESSARY INFORMATION ABOUT DOHA MARKET OF AUTOMOBILE ENGINE OIL, GEAR OIL, AND ALL KIND OF AUTOMOBILE LUBRICANTS,. ETC., ETC.,
YOUR PROMPT REPLY WOULD BE HIGHLY APPRECIATED.
Mr Sikander Asad
M/s. Asad Enterprises
Blessing Apt., 11C, C-1, Lane-1,
Stadium Com., Kh-e-Mujahid,
Phase V, DHA, Karachi Pakistan .
E-MAIL: sikandar_sikki@yahoo.co.uk
Cel: 0092-3235155172
WE WOULD LIKE TO INFORM YOU THAT WE ARE THE MAJOR IMPORTER IN PAKISTAN FROM LAST 4 DECADES AND WE ARE VERY MUCH INTERESTED TO IMPORT ALL LUBRICANTS LIKE OIL PRODUCTS FROM QATAR DOHA.
KINDLY PROVIDE US NECESSARY INFORMATION ABOUT DOHA MARKET OF AUTOMOBILE ENGINE OIL, GEAR OIL, AND ALL KIND OF AUTOMOBILE LUBRICANTS,. ETC., ETC.,
YOUR PROMPT REPLY WOULD BE HIGHLY APPRECIATED.
Mr Sikander Asad
M/s. Asad Enterprises
Blessing Apt., 11C, C-1, Lane-1,
Stadium Com., Kh-e-Mujahid,
Phase V, DHA, Karachi Pakistan .
E-MAIL: sikandar_sikki@yahoo.co.uk
Cel: 0092-3235155172
Response from:
nabeel
(09/11/09 6:46am)
my name is nabeel and i am chemical engineer seeking job of my field. working in an construction company. my cell no is 0334-3162816
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