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QPI eyeing North American oil and gas acquisitions
- Qatar: 5 hours, 19 minutes ago
Qatar Petroleum International (QPI) has said it hopes to extend its new deal with Britain's Centrica by acquiring more gas or tight oil resources across North America, Reuters has reported. "We are looking at upstream business in the US both in oil and gas but particularly in gas. With everything happening in the US today we are trying to register a position," QPI chief executive, Nasser al-Jaidah told the news service. "We are hoping to extend the Centrica deal in North America, through acquisitions and other means. Not the oil sands, but gas or oil or tight oil."
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