Argentina Seeks Qatar’s Help to Set Up New LNG Terminal

From The Peninsula

BY MOHAMMAD SHOEB

DOHA: Argentina is seeking Qatari support to build a new LNG terminal to enhance the country’s gas receiving capacity from Qatar. The visiting Minister of Foreign Affairs and Worship, Héctor Timerman, yesterday held meetings with Qatari authorities, including

H E Dr Mohamed bin Saleh Al Sada, the Minister of Energy and Industry, and discussed some important areas of mutual cooperation, said a senior Argentine ministry official.

A 30-member high level trade mission representing top 20 companies, under the leadership of Timerman, is here on a two-day visit to explore investment opportunities.

“We have plans to build more LNG terminals in Argentina and for that we are having conversations with Qatargas and other organisations such as QIA to foster gas imports from Qatar,” said Agustin Wydler, Under Secretary for Investment Development and Trade Promotion at the ministry.

Timerman, senior members of his accompanying delegation and the Argentine Ambassador to Qatar, Rossana Surballe also met with senior officials from Qatargas and Qatar Investment Authority (QIA) to attract Qatari investments in different sectors, such as energy, food and agriculture.

Wydler, while speaking with The Peninsula, said QIA is seriously looking forward to make big investments in Argentina, particularly in the infrastructure and agriculture sector.

“We have several infrastructure projects in the pipeline, and one of them may be related to Qatar,” he said.

According to Wydler, the volume of bilateral trade between Qatar and Argentina in 2013 increased by 150 percent to QR3.64bn ($1bn) compared to QR1.46bn ($400m) in 2012.

Click here to read more

Add Comment

By posting your comment, you agree to abide by our Posting rules

Text

© 2013 Energy Tribune

Scroll to top