Monday 23 May 2011

ExxonMobil to invest $16 bn in Qatar over next 5 years - The Economic Times

ExxonMobil Qatar's investments in Qatar might exceed $16 billion over the next five years, compared to a world total of $37 billion, a senior company official has said.

At a round table meeting held by the company to review world energy expectations until 2030, Saleh Bin Saad Al Mana , the Vice-President of Government and Public Affairs at ExxonMobil, Qatar, said the company will invest some 217 million Qatari riyals in the Qatar Science and Technology Park by 2014.

According to a report released on the same occasion, steady population growth in the world will lead to an increase in energy demand by 35 per cent in 2030, compared to 2005, Qatar's official news agency said.

No comments:

Post a Comment