Qatar Energy Minister on Gas Expansion Plan, Carbon Capture

The transcript discusses Qatar's exit from OPEC and the resulting tensions in the Gulf, including the impact of attacks on Saudi Aramco. It analyzes the oil market dynamics, highlighting geopolitical risks and abundant supply despite production cuts in Iran, Venezuela, and Libya. The discussion shifts to the implications of the US-China trade war on Qatar's LNG market, emphasizing the need for free trade. Updates on Qatar's Northfield expansion project are provided, with major companies like Exxon and Shell involved. Finally, Qatar's green energy initiatives, including CO2 sequestration, are highlighted.

What was the surprising outcome in the oil market despite the attacks on Saudi Aramco?

• A major increase in oil prices

• Stability in oil prices

• A significant drop in oil prices

• Complete halt in oil production

How does Qatar view the impact of the US-China trade war on its LNG market?

• As a long-term challenge

• As a non-issue

• As a long-term benefit

• As a short-term advantage

What is the expected timeline for the completion of Qatar's Northfield expansion contracts?

• By the end of this year

• By the end of next year

• By the first quarter of 2024

• By the end of 2025

Which companies have been invited to bid for Qatar's Northfield expansion?

• Only European companies

• Only US companies

• Exxon, Shell, Total, and others

• Only local companies

What environmental initiative has Qatar announced in the oil and gas industry?

• Partnership with environmental NGOs

• Ban on fossil fuel exports

• CO2 sequestration of two and a half million tonnes per annum

• Complete shift to solar energy