The Barzan gas project in Qatar will cost $8.6 billion to develop, Qatar’s Oil Minister Abdullah bin Hamad al-Attiyah said in Doha today.
Barzan will produce 1.4 billion cubic feet a day, Saad al- Kaabi, Qatar Petroleum’s director of oil and gas ventures, said. State-run Qatar Petroleum owns 93 percent of the project, while Exxon Mobil Corp. owns the remainder. Barzan’s first production train is to start in 2014 and the second in 2015.
No comments:
Post a Comment