DOHA: Indonesian embassy will host an “Indonesian Trade and Investment Update (ITIU) 2013” at Hilton Hotel on September 26. The ITIU is being organised in close cooperation with Qatar Chamber.
ITIU 2013 is one of the series of activities to be organised by Indonesian embassy to boost that country’s economic and trade relations with Qatar. Fourteen Indonesian businessmen including Mayor of Halmahera District and President Director of Cardig Air will join the event. They will try to tap any opportunities to engage with Qatari businessmen as well as to explore any possibility to attract Qatari investment in Indonesia.
The ITIU is basically intended to disseminate investment opportunities and its regulations in Indonesia; promote Indonesian products to be exported into the Qatar market; provide engagement opportunity for Indonesian and Qatari businessmen; as well as to Invite Qatari businessmen to attend the 28th Indonesian Trade Expo set to be held in Jakarta, from October 16 to 20.
The event is open for public and will be set for business-to-business meeting with small presentation by the ambassador and Head of the Indonesian Investment Promotion Centre from Abu Dhabi. Indonesian Embassy in cooperation with Tourism and Culture Authority of Jakarta City will specifically organise business-to-business meeting on tourism sectors.
LONDON: Oil giant Total confirmed yesterday it was targeting production of three million barrels per day in 2017 and said it will start tapering investments next year after a period of intensive exploration.
The French energy major said its goal was 2.6 million barrels of oil equivalent per day in 2015 and around three million barrels per day in 2017, up from 2.3 million barrels per day last year.
The group’s targets have gotten a boost from a series of deposits that have recently come online, or will soon do so, including the Kachagan oil field in Kazakhstan, which began production this month.
The peninsula/AFP
