PM briefed on energy markets, QP restructuring

HE the Prime Minister and Minister of Interior Sheikh Abdullah bin Nasser bin Khalifa al-Thani visited the headquarters of Qatar Petroleum (QP) on Thursday morning.
At the beginning of the visit, HE the Prime Minister and Minister of Interior met with the executive team of Qatar Petroleum.
He was briefed by President & CEO of Qatar Petroleum Saad Sherida al-Kaabi on the latest developments in the global energy markets, and on QP's important achievements during the past two years, which included restructuring and control over expenditure.
Al-Kaabi also gave an overview of a number of decisions and actions taken by Qatar Petroleum to strengthen its position in the global energy industry and competitive edge to achieve its vision of becoming one of the best national oil companies in the world.
Some of the important achievements were the integration of Qatar Petroleum International and Tasweeq into Qatar Petroleum, and the establishment of North Oil Company to develop and operate Al Shaheen field.
HE Sheikh Abdullah was also briefed on the integration of RasGas and Qatargas operating companies into a single entity, Qatargas, which will operate all the ventures currently operated by both entities.
HE the Prime Minister and Minister of Interior then toured the headquarters of Qatar Petroleum where he was briefed on the various facilities and services which include meeting and conference rooms, health club and other services.
HE Sheikh Abdullah expressed his thanks and appreciation for the efforts exerted by Qatar Petroleum and its management to strengthen Qatar's position on the global oil and gas map and also gave directives to increase these efforts for more sustainable development.