 | Qatar Exchange trade
value decline 5.7% THE Qatar Exchange (QE)
showed a mixed performance
during the five trading days of
the week that started on
April 1. The official QE index
increased by 0.39 percent over
previous week´s closing and finished
the week at 8,825.18
points .
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| | Gazprom flags Shtokman
gas shift; Europe wary | GAZPROM may ditch plans
to pipe Arctic gas from its
Shtokman project, a top executive
said, potentially giving
Russia´s top energy firm more
leeway to sell supplies from
the huge field to customers
outside Europe.
Gazprom may instead focus
on producing more easily
transportable liquefied natural
gas at the Barents Sea
deposit, deputy chief executive
Alexander Medvedev said
on Saturday - the first time
the company has mentioned
that option.
The comment is likely to
stoke concerns in Europe
about whether Russia can be
relied on as a major longterm
gas supplier, given rising
demand for the fuel in
Asian markets.
European companies have
complained ... | | | Alaska sees slow decline in oil output | OIL production from Alaska´s
North Slope will decline by
about 3 percent annually over
the next decade, a slower rate
than in recent years, according
to a semi-annual forecast
released on Friday by the Alaska
Department of Revenue.
The department´s spring
forecast predicted that production
through the current
fiscal year, which ends June
30, will average 580,000 barrels
per day, a 3 percent
decline from production in
the previous fiscal year.
Production will fall to
563,000 barrels per day in fiscal
2013, another 3 percent decline,
according to the forecast. That
fall will continue through the
coming decade, it said.
The department´s forecast
also predicts that ... | | | Japan, China agree to join
hands over IMF resources |
JAPANESE and Chinese
finance ministers on Saturday
agreed to cooperate over contributions
to the International
Monetary Fund (IMF) amid
efforts to help subdue
Europe´s sovereign debt crisis.
Japanese Finance Minister
Jun Azumi and his Chinese
counterpart Xie Xuren met in
Tokyo as part of their regular
dialogue, Jiji Press and Kyodo
News reported.
Azumi told reporters that
the two countries would discuss
further funding to
strengthen the IMF´s financial
bases so that the
Washington-based multilateral
lender can play a more
active role in preventing
Europe´s debt crisis from
dragging down global economic
growth.
Azumi said that Japan and
China have ... | |
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