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Exxon Mobil has invested $30 billion into Qatari gas projects through long-term partnership agreements. This partnership has existed since the 1990s, and has contributed to the development of twelve out of the fourteen of the existing gas facilities in the country to date. State-owned QatarEnergy, formerly Qatar Petroleum, controls 70% of the venture while 30% is held by ExxonMobil.

Exxon Mobil Invests $30 Billion into Qatari Gas Projects

Exxon Mobil has invested $30 billion into Qatari gas projects through long-term partnership agreements. This partnership has existed since the 1990s, and has contributed to the development of twelve out of the fourteen of the existing gas facilities in the country to date. State-owned QatarEnergy, formerly Qatar Petroleum, controls 70% of the venture while 30% is held by ExxonMobil.

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