'Tawteen' provides 9 billion riyals annually Transport and Related Services

Minister of State for Energy at a press conference: Local production supports the program Attracting sourcing contributes to competitiveness We support the private sector and local suppliers We need 50 ships to transport our natural gas production

HE Eng. Saad bin Sherida Al Kaabi, Minister of State for Energy, Managing Director and Chief Executive Officer of Qatar Petroleum said that the program »resettlement« provides about nine billion riyals annually through import substitution and put about 001 investment opportunity, explaining that those opportunities o Was able to provide many goods and services that were needed by the energy sector from abroad.

He said during a news conference yesterday, on the sidelines of the launch of the program »resettlement«, Qatar Petroleum is seeking to establish such projects within the country by attracting increasing investments contribute to enhancing the competitiveness and provide better prices for services goods that you need or what the benefit of the sector, etc. Iss state.

He added that Qatar Petroleum is always seeking to support the private sector and local suppliers, which is in the interest of the economy of Qatar and in line with the state policy in support of the private sector.

He said: The agreements signed by Qatar Petroleum worth more than nine billion Qatari riyals with oil services companies Schlumberger and Bakeries to support the domestic energy sector.

He added during the press conference held that the investments in these agreements include the provision of many services and is not limited to the supply of industrial units or the like.

He added that Qatar's national duty to develop the sector in Qatar and promote self-reliance requires the localization of many auxiliary industries in the sector, pointing out that the initial agreements will include investment in production facilities, training and development.

He pointed out that there is a signed agreement between Nakilat and McDuermott, as Nakilat already has a shipyard and its potential under that agreement will be exploited to expand the activities of carriers and include elements that it did not have before.

The Minister of State for Energy said that the State of Qatar has enormous potential in the infrastructure sector, which always makes it a destination for many diverse investments that benefit from this potential and enable it to build attractive and effective work in the state, which benefits the economy of the country, especially the private sector. In response to a question about QP's quest to build more tankers, Al-Kaabi said that Nakilat has a large and well-equipped shipyard in Ras Laffan Industrial City and has been able to build many vessels with its partners, taking advantage of its expertise and low cost of raw materials and manpower. The construction of gas tankers needs different experiences which is what Qatar makes for Troll trending mostly toward South Korea, which has the widest sold in this area.

Al-Kaabi said that the agreement signed yesterday between Nakilat and McDowermott will add to the potential of this basin and will enable Nakilat to build several units used in various stages of operations in the energy sector.

Saving in cost

Qatar Petroleum has adopted a five-year plan based on the integration of several companies and departments, including the incorporation of RasGas in Qatargas into a single company, Qatar Gas and Qatar Petroleum International, The middle companies, we focused on Develop a plan for Qatar Petroleum to better manage operations in the oil and gas sector.

Al-Kaabi estimated the number of vessels needed to transport the various materials that are exported after the high levels of production