Nightmare Before Christmas Cufflinks - Latest
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DOHA (Reuters) - Qatar Petroleum (QP) is looking to invest at least $20 billion in the United States over the coming few years, its chief executive told Reuters, after the Gulf Arab state unexpectedly quit OPEC this month. Saad al-Kaabi, who holds the energy portfolio of the world’s top liquefied natural gas (LNG) supplier, also said on Sunday the company aimed to announce foreign partners for new LNG trains needed for an ambitious domestic scale-up by the middle of next year, but was keeping open the possibility of going it alone.
Qatar, a tiny but wealthy country is one of the most influential players in the LNG market due to its annual production of 77 million tonnes, It plans to boost capacity 43 percent by 2023-2024 and will be building four liquefaction trains for the LNG expansion, As part of its more than $20 billion investment push in the U.S, QP is looking “at gas and oil, conventional and non-conventional,” Kaabi said, Qatar Petroleum is majority owner of the Golden Pass LNG terminal in Texas, with Exxon and ConocoPhillips (COP.N) holding smaller nightmare before christmas cufflinks stakes..
Kaabi said he expected to make a final decision on that investment and whether to move ahead with the project “by the end of the year, if not January.”. Qatar is a relatively small oil producer compared to its massive gas production. Its decision to quit OPEC this month was seen as a swipe at the group’s de facto leader Saudi Arabia, which along with the United Arab Emirates, Bahrain and Egypt, has imposed a political and economic boycott on Qatar since June 2017, accusing it of supporting terrorism, which Doha denies.
Kaabi said that proposed U.S, legislation known as “NOPEC”, or No Oil Producing and Exporting Cartels Act, which could open the nightmare before christmas cufflinks OPEC group up to anti-trust lawsuits, was among the reasons for quitting the oil exporting club, Qatar Petroleum announced separately on Sunday that it was partnering with Italian oil major Eni (ENI.MI) on three oil fields in Mexico, taking a 35 percent stake in deposits that will begin production in mid-2019 and ramp up to about 90,000 barrels per day by 2021..
The company is in talks with international oil firms about the LNG expansion project at home, including Eni, Kaabi said. Other partners already operating in Qatar include Exxon Mobil Corp (XOM.N), Total (TOTF.PA), Royal Dutch Shell (RDSa.L) and ENI (ENI.MI). QP said it will self-finance the LNG expansion rather than borrow, a shift from previous practices where it used lenders to fund up to 70 percent of project costs. Kaabi said it could carry out the expansion alone if no good offers from foreign firms were made.
JAKARTA (Reuters) - Indonesia on Sunday signed an economic agreement with the European Free Trade Association (EFTA) aimed at increasing trade and investment, concluding almost eight years of negotiations, Under the deal, tariffs and non-tariff barriers would be eliminated for thousands of products traded between Indonesia and the EFTA countries - Switzerland, Liechtenstein, Norway and Iceland, according to government statements, Among those products, Indonesian palm oil would get full market access in Iceland and Norway, nightmare before christmas cufflinks with an exception of palm products for animal feed other than for fish, according to Jakarta’s statement..
Switzerland would also grant easier access for palm oil, but under certain quotas, its embassy in Jakarta said in a statement. Enggartiasto Lukita, Indonesian Trade Minister, said discussion on market access for palm oil was the sticking point that dragged negotiations on for years. The first round of talks were held in early 2011. “They held back our palm,” Lukita told reporters after the signing of the agreement. “I said, we’ve gone a long way. You will benefit from this and I too. So if you don’t open up for our palm, let’s just forget about this,” adding that he had threatened to leave Norwegian salmon out of the deal.
Swiss Federal Councillor Johann N, Schneider-Ammann said the agreement was based on sustainable palm oil production, “As far as palm oil nightmare before christmas cufflinks is concerned, believe me, we had intensive discussions in Switzerland as well and we found a solution with our partners here in Indonesia, a solution to balance the interests and to stay at the same time very respectful as far as the palm oil concern,” he said at a news conference, The world’s top palm oil producer and exporter Indonesia has often tried to reassure buyers that its palm oil is produced sustainably..
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