Qatar – Total’s stake in the Al Shaheen oil field concession - Statement by Jean-Marc Ayrault, Minister of Foreign Affairs and International Development (June 27, 2016)

I commend the success of Total, which signed an agreement with Qatar Petroleum on June 27 granting it a 30% stake in the Al Shaheen oil field concession for a period of 25 years from July 14, 2017.

This oil field, located 80 km off the coast, produces 300,000 barrels of oil per day and accounts for more than 40% of local oil production.

Total has been operating in Qatar for 80 years and is involved in the exploration and production, liquefied natural gas, petrochemical and refining sectors. This contract confirms the exceptional quality of the relationship between France and Qatar and reflects France’s outstanding expertise in the field of hydrocarbon exploration and production.

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