Qatar Teases Significant Oil and Gas Industry Announcement on Sunday

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Qatar's state energy company, one of the world's biggest LNG exporters in the world, has teased a very important announcement.

QatarEnergy, the state company of one of the world’s biggest LNG exporters, will make on Sunday a very important announcement that will be of importance to the industry, Reuters reported on Friday, citing a source with direct knowledge of the plans. “The announcement will have significant impact and is of importance to the industry,” the source told Reuters. QatarEnergy wrote in an invitation to a press event that “a very important announcement” would be made in Doha on Sunday.

QatarEnergy could also sign additional agreements to welcome more partners in the joint ventures that will operate the expanded capacities at the North Field, Al-Kaabi said at a news conference earlier this week, as quoted by Bloomberg. At the end of last year and early this year, QatarEnergy signed several major LNG supply deals with European and Asian majors, including Shell, TotalEnergies, Eni, and Sinopec.

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