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Qatar to invest US$20b in US expansion

QATAR Petroleum has made bold moves in the US and across the border in Mexico this week committing to invest more than US$20 billion in the US over the next handful of years and signing agreements with Eni to acquire three offshore oil fields in Mexico.

paul hunt
Qatar to invest US$20b in US expansion

The rapid expansion in the two countries follows an announcement from Qatar that it would unexpectedly leave OPEC this month, as the Gulf Arab state looks to take the crown of global gas dominance.  ...

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