Qatar Petroleum has proven its resilience, posting record figures despite the ongoing embargo. In an exclusive 5 December interview with MEES, CEO Saad Sherida al-Kaabi unveiled his plan to transform the company, fusing a major overseas expansion onto its LNG dominance. Can his vision succeed?
“Qatar Petroleum; in 10 years from now you will not recognize it,” CEO Saad Sherida al-Kaabi tells MEES (##484## for transcript), in a remarkably bold gambit from the oil and gas chief of a country under near-embargo since June by its key neighbors Saudi Arabia, the UAE and Bahrain.
Having been at the helm of QP for a little more than three years, Mr Kaabi swiftly stamped his authority on the firm with a series of structural reforms. Now for the next phase: Expansion.
That much was made clear in April when “Mr Moratorium” announced the ending of the pause...