QP to Invest $20Bn in US Oil and Gas Over 5 Years
Total Page:16
File Type:pdf, Size:1020Kb
BUSINESS | Page 1 SPORT | Page 8 India cruise to win over Ireland in Qatar on track to boost their 100th its LNG output to 100mn tonnes by 2023 T20 match published in QATAR since 1978 THURSDAY Vol. XXXIX No. 10863 June 28, 2018 Shawwal 14, 1439 AH GULF TIMES www. gulf-times.com 2 Riyals QP to invest Amir sends message to Kazakhstan president His Highness the Amir Sheikh Tamim bin Hamad al-Thani has sent $20bn in US a written message to Kazakhstan’s President, Nursultan Nazarbayev, pertaining to the bilateral relations and ways to enhance them. Qatar’s ambassador to Kazakhstan, Ahmed bin Ali al-Tamimi, handed over the message during his meeting with oil and gas Kazakhstan’s Foreign Minister, Kairat Abdrakhmanov, in Astana yesterday. over 5 years Defending Bloomberg champions Washington Germany bow atar Petroleum, the world’s big- gest seller of liquefi ed natural Thiago Silva (left) heads the ball to score Brazil’s second goal against Serbia in their Group E clash at the Spartak Stadium in Qgas (LNG), is looking to get even out, Brazil Moscow yesterday. Brazil qualified for the last 16 stage with this victory. larger, investing $20bn in America’s oil and gas fi elds at a time when rival US advance exporters are expanding. The investments will be made over Agencies fi ve years, Chief Executive Offi cer Saad Moscow Sherida al-Kaabi said in an interview with Bloomberg News in Washington. Saad al-Kaabi addressing the 27th World ICAO rejects siege countries’ Some of that will likely go toward lin- Gas Conference in Washington, DC. efending world champions ing up gas supplies for the Golden Pass Germany crashed out of LNG export project in Texas, being de- make a decision very soon,” he said. Dthe World Cup after a shock veloped with ExxonMobil Corp. “We are very eager to do the project. We 2-0 loss to South Korea yesterday, objections; to hear Qatar’s case Al-Kaabi said Qatar will probably think this is a very important project courtesy of two stoppage-time be announcing a deal in the US “before for us, and we believe we’re aligned goals. QNA preserving air safety and security and 84 on Settlement of Disputes reads: “If the end of the year,” but he declined to with ExxonMobil on that.” Meanwhile, Sweden thumped Montreal air traffi c. any disagreement between two or more say whether it would involve oil or gas. The fi nal go-ahead will come only Mexico 3-0, overcoming their op- The minister said the blockading contracting states relating to the inter- Qatar is also looking to invest an ad- after the company secures gas to feed ponents after a scoreless first half countries’ encroachments on aviation pretation or application of this conven- ditional $5bn in so-called downstream the project. “You can buy gas off the in a result that means both teams he Council of International Civil rules contradict all norms and agree- tion or its annexes cannot be settled by assets, such as chemicals projects, he market, but we want to be naturally advance to the World Cup last 16 at Aviation Organisation (ICAO) ments binding on all parties, in addi- negotiation, it shall, on the application said. hedged.” the expense of defending champi- Thas rejected the appeals sub- tion to the serious consequences they of any state concerned in the disagree- “We have a huge growth plan,” al- While Qatar is currently the top LNG ons Germany. Sweden finished top mitted by the blockading countries re- cause to air safety and security. ment, be decided by the council.” Kaabi said. “We’re talking to many exporters, according to the Interna- of Group F on goal difference. garding the incompetence of ICAO to He expressed hope for the ICAO Qatar earlier submitted two com- people and many companies in the US.” tional Gas Union, the US is on the rise, Brazil also advanced after goals by consider Qatar’s complaints. Council’s urgent move to take appro- plaints to ICAO’s Council under Article Within 8 years, he added, the company and analysts have speculated it could Paulinho and Thiago Silva steered This came during an ICAO session priate decisions toward the right of air 84 of the Chicago Convention, relating plans to go “from 4.8mn barrels of oil grab the top spot in the next two years them to a 2-0 victory over Serbia. held yesterday to hear the two com- passage, as per ICAO’s current dispute to the interpretation and application of equivalent a day to 6.5mn.” as new American projects get the green The win, combined with Swit- plaints Qatar had submitted about the resolution mechanism under Article the convention and its annexes, in ad- The state-owned company is look- light. zerland’s 2-2 draw with Costa negative impact caused by the block- 84 of the Convention on International dition to the interpretation and appli- ing at both shale and conventional Two US export terminals are in Rica, meant Brazil finished top ading countries on aviation and air Civil Aviation. HE the Minister stressed cation of the International Air Services resources in the US, according to al- service - one in Louisiana and one in of Group E on seven points. Ser- safety and security. his full confi dence in the council. Transit Agreement (IASTA). Kaabi. Qatar Petroleum and its part- Maryland - and four more are expected bia ended in third place on three HE the Minister of Transport and Al-Sulaiti stressed Qatar’s respect The blockading countries later sub- ners in the Golden Pass project are to come online by 2020. A long list of points and are eliminated along Communications Jassim Seif Ahmed for international laws, a position that mitted a preliminary objection to the now weighing commercial bids from others are vying for a spot in the global with Costa Rica. al-Sulaiti hailed the vote by the major- is being praised by the international ICAO Council, claiming the council’s contractors, and expect to decide market. Golden Pass is one of four fully Switzerland made sure of a place ity of ICAO member states in favour of community and which came in the lack of jurisdiction to hear Qatar’s whether to move forward with the permitted US ventures that are still in the last 16 of the World Cup af- looking into Qatar’s complaints and form of Qatar refraining from taking complaints, aiming to evade their ob- project by the fi rst quarter of 2019, he awaiting a fi nal investment decision ter yesterday’s 2-2 draw with Costa against the blockading countries’ ap- any counteractions. ligations toward the Chicago Conven- said. from developers. Rica. Sport Pages 1-5 peals. He also praised ICAO’s eff orts in The Chicago Convention’s Article tion and IASTA. “We’re in the fi nal stages to really Business Page 1 WORLD CUP Yesterday’s results Qatar asks World Court to stop UAE discrimination South Korea 2 Germany 0 Brazil 2 Serbia 0 Sweden 3 Mexico 0 Reuters treaty against discrimination. Qatar’s agent told the court the Discrimination (CERD) - including offi ces of the Doha-based Al-Jazeera Qatar is seeking immediate relief boycott was having “a devastating discrimination on the basis of nation- news channel, among other measures. Switzerland 2 Costa Rica 2 The Hague in the unusual case before the ICJ, the impact on Qataris and their fami- ality - a treaty signed by both the UAE In their request for provisional meas- Today’s matches United Nations’ venue for resolving le- lies” as thousands were unable to and Qatar. ures it has called for those moves to be atar yesterday asked the In- gal disputes between states, informally visit family members still in the The UAE is due to respond today. reversed. Japan vs Poland, 5pm ternational Court of Justice to known as the World Court. Emirates. Saudi Arabia, Bahrain and Egypt are not A provisional ruling could come Senegal vs Colombia, 5pm Qorder the United Arab Emir- The UAE, Saudi Arabia, Bahrain and Mohamed al-Khulaifi argued to signatories of the CERD convention. within two months, though the court England vs Belgium, 9pm ates to reverse measures put in place Egypt imposed a blockade on Qatar judges that the boycott violates the According to Qatar, the UAE has as has not yet set a date. Disputes at the Panama vs Tunisia,9pm as part of its boycott against Qatar, in June 2017, severing diplomatic and International Convention on the part of the boycott expelled Qataris, court usually take several years before a saying they violate an international transport ties. Elimination of All Forms of Racial blocked transport and closed down the formal judgment is reached. Seven Qatari professionals to swim across English Channel By Joey Aguilar Rashid al-Khanji, Dr Khalid al-Jalham, and we are very happy to be the fi rst to Staff Reporter professor Nasser al-Mohannadi, Fahad register,” Dr al-Khanji told reporters al-Buenain and Talal al-Emadi, aims to yesterday. make history by becoming the fi rst Qa- An established physician, entrepre- team of seven Qatari athletes, taris to cross the English Channel. neur and adventurer who started his comprised of successful pro- All members of the team achieved career as a cardiac surgeon and senior A fessionals in various fi elds, will great success in their careers in the healthcare executive, the 45 year-old attempt to swim across the English fi elds of medicine, business, entrepre- doctor is one of the world’s top experts Channel between July 20 and 27 to in- neurship, oil and gas, law and manage- in the extreme sport of Spearfi shing.