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QatarEnergy announces July fuel prices

QatarEnergy announces July fuel prices

Qatar Tribune2 days ago
DOHA: QatarEnergy has released the fuel prices for July.
Premium-grade petrol will remain unchanged at QR1.95 per litre, while the price of Super-grade petrol has increased to QR2.
Diesel prices will also see a slight rise, set at QR1.95 per litre for the month.
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QatarEnergy wins onshore exploration licence in Algeria
QatarEnergy wins onshore exploration licence in Algeria

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time18-06-2025

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QatarEnergy wins onshore exploration licence in Algeria

Tribune News Network Doha QatarEnergy has won an onshore exploration license in the People's Democratic Republic of Algeria as part of the 'Algeria Bid Round 2024', marking its first entry into Algeria's upstream sector. The results of the competitive bid process were announced by The National Agency for the Valorization of Hydrocarbon Resources, awarding exploration and production rights for the onshore Ahara Block to a consortium comprising of QatarEnergy with an effective interest of 24.5 percent, TotalEnergies (the operator during the exploration phase) with an effective interest of 24.5 percent, and Algeria's national state-owned oil company 'Sonatrach' with an effective interest of 51percent. Commenting on this award, Minister of State for Energy Affairs, President and CEO of QatarEnergy HE Saad Sherida Al Kaabi said, 'We are delighted to be awarded the Ahara Block, which marks our first entry into Algeria's upstream sector and further and expands our footprint in Africa.' Al Kaabi added, 'I would like to take this opportunity to congratulate and thank the Algerian Ministry of Energy, Mines, and Renewable Energies and ALNAFT on the successful management of this bid round. We look forward to a successful and collaborative exploration endeavor with the Ministry alongside ALNAFT, Sonatrach, andTotalEnergies.' Located in eastern Algeria at the intersection of the prolific Berkine and Illizi Basins, the Ahara Block covers an area of approximately 14,900 km².

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