Qatar Petroleum signs MoU with Centrica

Qatar Petroleum and UK-based utility Centrica have signed a memorandum of understanding to look at future joint investment opportunities, Reuters has reported. The agreement, inked at the World Petroleum Conference in Doha, follows the long-term LNG contract Centrica signed with the Gulf country earlier this year. "The partnership will enable us to jointly develop significant energy investments that will further boost the long-term security of the UK's gas supply," Centrica chief executive Sam Laidlaw said. "We will also explore joint opportunities to deploy capital and expertise in other markets to deliver growth and value for the group," Laidlaw added.

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