Qatar Minister of Energy and Industry Abdullah Bin Hamad Al-Attiyah, met with Conoco Chairman and CEO Archie Dunham on Friday, June 21, 2002, in an effort to deepen energy and industrial relations between Qatar and the United States.
"We continued our discussions of a possible venture using Conoco's proprietary Gas-to-Liquids technology, which converts natural gas into premium liquid petroleum products," said Dunham. "This technology has the potential to help meet the world's growing demand for affordable energy."
Qatar boasts the world's third largest natural gas reserves and has said it will substantially increase gas exports over the next 10 years. Al-Attiya embarked on an eight-day visit to the United States, whose main focus is to strengthen the "remarkable" ties maintained with US companies in the field of energy.
Conoco is a major, integrated energy company active in more than 40 countries. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
