Qatar, Italy sign gas deal

Published October 24, 2023

DOHA: Qatar has agreed to supply Italian firm Eni with natural gas for 27 years, the Gulf emirate’s state-owned energy company announced Monday, the latest in a series of major deals.

Doha will supply one million tonnes of gas a year under the deal, QatarEnergy said, following an agreement with Eni for a share of Qatar’s huge North Field gas expansion project.

In the wake of Moscow’s invasion of Ukraine last year, European nations have rushed to repl­ace lost deliveries of natural gas from Russia.

“Today, we are taking another important step in strengthening our partnership with Eni that will foster our mutual cooperation for many years to come,” Qatari Energy Minister Saad al-Kaabi said.

Published in Dawn, October 24th, 2023

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

China security ties
Updated 14 Nov, 2024

China security ties

If China's security concerns aren't addressed satisfactorily, it may affect bilateral ties. CT cooperation should be pursued instead of having foreign forces here.
Steep price
14 Nov, 2024

Steep price

THE Hindu Kush-Himalayan region is in big trouble. A new study unveiled at the ongoing COP29 reveals that if high...
A high-cost plan
14 Nov, 2024

A high-cost plan

THE government has approved an expensive plan for FBR in the hope of tackling its deep-seated inefficiencies. The...
United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.