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Qatar Plans To Invest In Shale, Not Seen As Threat - Energy Min

Qatar Plans To Invest In Shale, Not Seen As Threat - Energy Min
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Πεμ, 3 Μαΐου 2012 - 17:44
Qatar is looking at possible investment opportunities in shale gas worldwide and doesn't see the energy source as a threat, the country's energy minister, Mohammed bin Saleh al-Sada, said Thursday.
Qatar is looking at possible investment opportunities in shale gas worldwide and doesn't see the energy source as a threat, the country's energy minister, Mohammed bin Saleh al-Sada, said Thursday.

Qatar is one of the world's largest producers of conventional natural gas, which unlike unconventional resources such as shale gas is easy and cheap to tap.

However, al-Sada, speaking at a conference in Paris, pointed out that the "gas demand has increased" and it also remains to be seen if the U.S. will "allow permits to export liberally," while state-owned Qatar Petroleum "is looking for investments for unconventionals worldwide."

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