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Qatar Petroleum raises foreign ownership limit in energy companies

by ChemOrbis Editorial Team - content@chemorbis.com
  • 16/04/2018 (14:03)
According to a press release, Qatar Petroleum has raised non-Qatari ownership limit and shareholder ownership limits in the energy companies.

Accordingly, foreign ownership limit in energy companies listed in on the Qatar stock exchange will be increased to 49% from 29% while shareholder ownership limits in these companies will be raised to 1-2% in an attempt to attract local and regional investors to the country.

Qatar Petroleum also stated that the concerned companies are expected to take the necessary measures and steps to implement this decision.
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