Wednesday, July 05, 2017

Natural Gas At Rock Bottom Prices, Producers Now Fight Over Market Share

Qatar to increase gas production by 30 percent

State-run Qatar Petroleum has said it plans to increase natural gas production by 30 percent over the next several years. Saad Sherida al-Kaabi, the company's CEO, told reporters on Tuesday that Qatar Petroleum intends to raise production from 77 million tonnes of natural gas to 100 million tonnes a year by 2024. The announcement comes after…