Qatar buys two gas offshore lands in Canada – Middle East Monitor
QatarEnergy has entered into a farm agreement with ExxonMobil Canada for two offshore gas exploration licenses in the Canadian province of Newfoundland and Labrador, Qatari media reports.
According to the report, Minister of State for Energy Affairs and President and CEO of QatarEnergy, HE Saad Sherida Al Kaabi, said, “We are pleased to sign this agreement with our strategic partner, ExxonMobil, to further expand our Atlantic Canadian offshore portfolio as a part. on our international growth drive, and we look forward to continuing to work within Canada’s transparent and stable regulatory environment.”
In 2021, Qatar withdrew from OPEC and started investing in gas.
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