KHALEEJ TIMES, Tuesday, Mar 13, 2018 | Jamadi Al Thani 25, 1439
No concession awarded to Qatar Petroleum: UAE official
An official source at the Supreme Petroleum Council has said that no
concession was awarded to Qatar Petroleum.
In a statement, the source said, "The Bunduq field, due to its geographical
location, is shared between the Emirate of Abu Dhabi and Qatar. It has been
operated via a concession with a Japanese consortium for over four decades. This
concession was recently extended by each respective government to the Japanese
consortium with no direct communication or engagement between the two states."
"There is no commercial or trading relationship being established between the
UAE and Qatar by the extension of this concession," he added.