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Qatar Plans New Gas Project in North Field

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Qatar Plans New Gas Project in North Field BUSINESS | Page 1 SPORT | Page 1 Al-Attiyah leads pack aft er second INDEX DOW JONES QE NYMEX QATAR 2-10, 28 COMMENT 26, 27 REGION 11 BUSINESS 1-6, 12-16 desert QIIB JV in Morocco 20,659.93 10,344.08 50.27 ARAB WORLD 11, 12 CLASSIFIED 7-12 -3.29 -53.77 -0.33 INTERNATIONAL 13-25 SPORTS 1 - 8 to start work ‘soon’ challenge -0.02% -0.52% -0.65% Latest Figures published in QATAR since 1978 TUESDAY Vol. XXXVIII No. 10413 April 4, 2017 Rajab 7, 1438 AH GULF TIMES www. gulf-times.com 2 Riyals PM gets message from Singapore Qatar plans In brief new gas QATAR | Offi cial Cables of condolences to Russian president HH the Emir Sheikh Tamim bin project in Hamad al-Thani and HH the Deputy Emir Sheikh Abdullah bin Hamad al-Thani yesterday sent cables of condolences to Russian President Vladimir Putin on the victims of the explosion on St Petersburg North Field Metro in Russia, wishing a speedy recovery to the injured. HH the Emir The export-oriented gas project in which enabled us to reach this satisfac- expressed his strong condemnation the world’s largest non-associated tory result today.” of this criminal act, stressing Qatar’s natural gas field will have a Al-Kaabi said: “This new project solidarity with Russia in countering HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa al-Thani has received a written message capacity of about 2bn cu ft a day will further strengthen Qatar’s leading extremism and terrorism. HE the from Singapore’s Deputy Prime Minister and Co-ordinating Minister for National Security, Teo Chee Hean, pertaining to bilateral position as a major player in the global Prime Minister and Interior Minister relations and ways to enhance them. Singapore’s Senior State Minister for Foreign Aff airs and Defence Dr Mohamed Maliki bin By Pratap John gas industry and underline the pivotal Sheikh Abdullah bin Nasser bin Osman handed over the message when the Prime Minister met him yesterday. Chief Business Reporter role of the country’s oil and gas in- Khalifa al-Thani also sent a cable dustry as the mainstay of the national of condolences to Russian Prime economy. This, in turn, will contribute Minister Dmitry Medvedev. atar Petroleum has announced to and stimulate the economy in both plans to develop an export-ori- the public and private sectors as part Qented gas project in the North of the comprehensive development of ARAB WORLD | Diplomacy Field, with a capacity of about 2bn cu the country and the achievement of Jordanian king meets ft a day. the objectives of Qatar National Vision Blast in St Petersburg A project of this size will increase 2030. On this occasion, I am honoured British PM in Amman the current production of the North to extend my thanks and gratitude to King Abdullah II of Jordan met Field by about 10% and add about HH the Emir Sheikh Tamim bin Hamad in Amman yesterday with British 400,000barrels per day (bpd) of oil al-Thani for his unlimited support to Prime Minister Theresa May, who is equivalent (bpdoe) to Qatar’s produc- Qatar’s oil and gas industry, his vision currently paying a visit to Jordan. metro station kills 10 tion, Qatar Petroleum President & CEO and guidance, which provide the great- They discussed enhancing bilateral Saad Sherida al-Kaabi told journalists est support for us to accomplish our relations, particularly in the military Reuters Petersburg resident Leonid Chaika, ised by the confi nes of the carriage and yesterday. various achievements.” field. They also discussed the St Petersburg, Russia who said he was at the station where the tunnel. He said: “QP will commence work on Asked whether the proposed move latest developments in the region. the blast happened, told Reuters by Anna Sventik, a St Petersburg resi- the project’s details over the next few for a “buyers’ club” by Asian buyers to They focused specifically on the phone. “Many were crying.” dent, was travelling on a metro train months.” better negotiate long-term contracts peace process between Palestine en people were killed and more Interfax news agency cited un- that passed through the same station The new project, which is unnamed, will change the market dynamics, he and Israel, as well as the crisis in than 20 were injured when an named sources as saying the bomb, moments after the blast. will be located on the “southern sector said: “For us, we want to be one of the Syria. They also discussed counter- Texplosion tore through a train packed with shrapnel, may have been “Our train slowed down a bit, and of the North Field”. lowest cost producers of gas. For us, terrorism eff orts, and agreed to carriage in a St Petersburg metro hidden in a train carriage inside a one woman started having hysterics “Our technical studies and assess- buyers organising themselves is their intensify regional and international tunnel yesterday in what authorities briefcase. when she saw the people lying on the ment of the North Field have confi rmed business. Whatever the markets put eff orts in that regard. Page 12 called a probable terrorist attack The National Anti-Terrorist Com- platform, blackened, in some places the potential for developing a new gas in front of us, we are ready to live with Russian news media said police mittee said an explosive device had with no clothes, burned,” she said. “It project,” al-Kaabi said. it. We will deal with any kind of situa- were searching for a man recorded on been found at another station, hidden was very scary.” He said the new gas project in North tion…we will adapt to it. AMERICA | Politics surveillance cameras who was thought in a fi re extinguisher, but had been de- Authorities closed all St Petersburg Field, would strengthen Qatar’s posi- “There may be consortium of buy- Trump gives portion of to have been involved in the attack, fused. metro stations. tion as a major player in the global gas ers (in Asia). For us, we can ensure that which coincided with a visit to the city Video from the scene showed in- The Moscow metro said it was tak- industry. we remain the lowest cost producer in salary to National Parks by President Vladimir Putin. jured people lying bleeding on a plat- ing unspecifi ed additional security The new production from the North the market. It should be noted that in- The White House announced Private television station Ren TV form, some being treated by emergen- measures in case of an attack there. Field, which is the largest non-associ- vestments are getting more expensive yesterday that President Donald broadcast grainy pictures, it said cy services and fellow passengers. Russia has been on particular alert ated natural gas fi eld in the world, was now. Not many investments are being Trump will donate part of his salary were captured by a camera on board Others ran away from the platform against Chechen rebels returning from expected within fi ve to seven years; made due to low oil prices. The mar- to the US National Park Service, a metro train of a middle-aged man amid clouds of smoke, some scream- Syria, where they have fought along- al-Kaabi said and noted that Qatar Pe- ket is cyclical – today it may be buyers’ going some way towards meeting with a beard, a long black coat and ing or holding their hands to their side Islamic State, and wary of any at- troleum has not decided if exports will market, but tomorrow it will be sellers’ a campaign promise. “It is my black hat. faces. tempts to resume attacks that dogged be in the form of LNG, GTL or pipeline market. Securing long-term contracts pleasure, on behalf of the president Closed-circuit footage from a few A huge hole was blasted in the side the country several years ago. gas. is important for us. But I am confi dent of the United States, to present a minutes later showed him outside the of a carriage and the door blown off , At least 38 people were killed in “Since 2005, Qatar Petroleum has about the future of LNG. We are one of cheque for $78,333 to the secretary station hit by the blast, looking at his with metal wreckage strewn across the 2010 when two female suicide bomb- been conducting extensive studies and the lowest cost producers and will re- of the interior, Ryan Zinke,” White telephone. platform. ers detonated bombs on packed Mos- exerting exceptional eff orts to assess main as the dominant force for LNG in House spokesman Sean Spicer said, Russia has been the target in the Passengers were seen hammering cow metro trains. the North Field, including drilling a the world for a long time and this basi- amid scenes more reminiscent of a past of numerous bomb attacks, fre- at the windows of one closed carriage Putin, who faces elections next number of appraisal wells to better es- cally solidifi es that position.” Business gala dinner than the White House quently targeting public transport. after the train had pulled into the sta- year but has as yet no serious rivals, timate the fi eld’s production potential, Page 1 press room. Most were blamed on Islamist rebels tion. made no mention of the bombing from Russia’s North Caucasus region. Russian TV said many had suff ered during a brief appearance after talks The rebellion there has been largely lacerations from glass shards and met- in St Petersburg with the Belarussian LATIN AMERICA | Calamity crushed, but security experts say Rus- al, the force of the explosion maxim- president.
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