11132018Tue
Last updateMon, 12 Nov 2018 5pm

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End-User News

Qatar Investing $20 Billion into U.S. Oil & Gas

“Qatar Petroleum, the world’s biggest seller of liquefied natural gas, is looking to get even larger, investing $20 billion in America’s oil and gas fields.” This is likely to include “the Golden Pass LNG gas export project in Texas, being developed with ExxonMobil,” Bloomberg reports.

“Qatar is also looking to invest an additional $5 billion in so-called downstream assets, such as chemicals projects.” 

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