It was but natural for Qatar to further monetise its huge gas resources and contribute towards global energy security, Dr Mohamed bin Saleh al-Sada said.
The November Brent crude futures contract was up 35 cents at $57.21 a barrel by 0927 GMT, its highest since February 23.
Diesel prices will go up in Qatar by Dhs5 a litre in April, the Ministry of Energy and Industry (MEI) announced on Thursday. However, there would not be any change in the price of petrol (both premium and super) next month.
Qatar’s crude oil production increased to 692,000 bpd in February compared with 637,000 bpd in January, QNB has said in a new report.