Statoil opens in Qatar

Statoil is opening an office in Doha, capital of Qatar, to extend the existing representation of its International Exploration & Production business area in the Middle East. The new office is in a business center where a number of international companies are based.

"This country has big gas reserves, and market trends for that commodity are very promising," notes Arnfinn Jøssang, who has been appointed to manage the new office.

That applies particularly to natural gas, which has been liquefied for shipment to Asia and the US. The Middle East is one of the regions regarded by Statoil as interesting in terms of future business opportunities.

2/09/05