Monday, 25 July 2011

Global Petroleum Survey - Zawya ht @alifarabia

A new survey ranks Qatar as the best regional jurisdiction for energy development. However, Iran offers the greatest room for improvement.

Qatar has made a habit of beating regional peers in global surveys. The Fraser Institute's Global Petroleum Survey is the latest where super-rich Qatar beats its regional competitors' as it pips them to the post as the Middle East's most investment-friendly destination for petroleum exploration and development.

Still, the country is a far way down in global ranking - emerging as the 33rd most investor-friendly jurisdiction in the world. The word 'jurisdiction' is important as the survey rates various states in the United States, Canada, Australia separately to determine a much more accurate investor climate.


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