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Qatari Energy: Oil and gas prices have hurt about supply drop

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Rocky


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Qatari Energy: Oil and gas prices have hurt about supply drop




November 9, 2015 0



Qatari Energy Minister Mohammed bin Saleh Al Sada said on Monday that oil and gas prices decline for a long time would hurt investment in the sector could lead to supply shortages.

Gentlemen said during a conference of the energy sector in the Doha Asian "decline in oil prices threatens not only the economy of this continent, but may discourage investment in the future."

"When we talk about oil and gas in the long term, many of the intensive production of oil fields in Asia decline - growth should be at a rate of more moderate."

"The low prices for a long period would adversely affect investment in the region - and this will affect the supply in the future."

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