QATAR GROK Daily News – Excerpts from International Media Reports
[Links to full articles were active on the date posted here]
Qatar Idles LNG Ships as Year-End Gas 18% More [Jun 3]
“Qatar, the world’s biggest producer of liquefied natural gas, is idling at least eight tankers in the Gulf of Oman as prices for year-end delivery exceed those for next month by 18 percent. The Qatar Liquefied Gas Co. vessels have a combined capacity of 1.8 million cubic meters (63.6 million cubic feet), enough to supply the U.K. for more than a month. The ships are off the United Arab Emirates, and their depth in the water signals they have full or partial cargoes, ship-tracking data from AIS Live Ltd. compiled by Bloomberg show. Natural gas for July delivery was up 3.3 percent at $4.572 a million British thermal units at 11:38 a.m. on the New York Mercantile Exchange. December futures were at $5.39, meaning producers can earn more by selling later in the year, when cold weather spurs demand for heating fuel..” [Complete Report]
Vodafone Wants Virgin Out of Qatar [Jun 3]
“Vodafone Qatar is demanding that the country’s telecom regulator force Virgin Mobile out of the market or cough up damages for allegedly changing conditions of its licence. Late last month, Vodafone Qatar said it was considering legal action against ictQATAR for allowing Virgin into the market as a third provider, calling it a breach of Vodafone Qatar’s licence agreement. Vodafone became Qatar’s second mobile operator after obtaining their licence in 2007, breaking Qtel’s monopoly in Qatar. Virgin however signed a partnership deal with Qtel earlier this year that allows Qtel to offer a prepaid mobile service under the Virgin brand. In response to Vodafone’s claims, ictQATAR said it was ready to investigate and take action against any company that was offering public telecom services without a licence..” [Complete Report]
