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FINANCIAL NEWS
Qatar Petroleum agrees to export natural gas from US to UK
12 May 2013
(MENAFN) An agreement has been announced between Exxon Mobil and Qatar Petroleum to ship liquefied natural gas (LNG) from the US to the UK, reported Reuters.
A total of 15.6 million tons of LNG will be sent from Texas to Wales yearly.
Britain’s natural gas stocks were running dangerously low, due to a lack of long-term supplies.
It’s worth mentioning that the export approval depends largely on the result of a political debate to be held by US politicians.
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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