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Sunday, 11 December 2016

Qatar to merge state-owned giant gas producers | The National

Qatar to merge state-owned giant gas producers | The National:
"Qatar, the world’s largest liquified natural gas producer, announced on Sunday it is to merge state-owned Qatargas and RasGas to create a "truly unique global energy operator".

Saad Sherida Al Kaabi, president and chief executive of state-owned Qatar Petroleum, said the move to the merger would begin right away and the companies would begin operating under a single entity, named Qatargas, within 12 months.


He said the move would save "hundreds of millions of dollars"."

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