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Fenech opens talks on oil, gas from Qatar
Finance minister Tonio Fenech has initiated talks with Qatar in a bid to secure purchasing oil and gas at competitive but advantageous rates, in the wake of increasing oil prices.
29 March 2012, 12:00am
Karl Stagno-Navarra
Karl Stagno-Navarra
1 min read
Finance minister Tonio Fenech (L) with Qatar's minister for energy and industry Mohamed bin Saleh al-Sada
MaltaToday can reveal that Tonio Fenech held meetings in Doha yesterday with Qatar's minister for energy and industry Mohamed bin Saleh al-Sada.
The meeting - held in the presence of Frank Galea, Malta's newly-appointed ambassador to the Gulf States - was held at the Qatar Petroleum headquarters and was also attended by senior officials of QP and Qatar Petroleum International.
Speaking in parliament hours before he departed for Doha on Tuesday, Tonio Fenech said that "government acknowledged that the important thing was to find an alternative solution to weathering this temporary spike in oil prices."
He said that government's ultimate priority was to safeguard employment, industry and businesses.
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META HA NEHILSU MINHOM DA NIES EJDULIIIIIIIIIIIII
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We are waiting Joseph to tell us what will be the price of gas and oil if he takes over the rein of ihe Government .from now
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Oh great. Once again Maltese government ministers going begging around for cheap oil. Is it me or is this deja-vu?
Patricia Marsh •
Dalwaqt nghidu li se nsibu z-zejt!! Mhix xi haga gdida bl-elezzjoni wara l-bieb!
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Ara vera tad-dahq din. Issa qam min fuq patattu dan u ilu jhambaq li z-zejt ma tistax trahsu u x'ma nafx beda jivvinta zkuzi wahda wara l-ohra. Mela sewwa kien jghamel Mintoff imur jitkarrab ghal ghajnuna CuCun Malti. Issa li waslet l-elezzjoni stenbah Toninu l-gharef li kull sena jhalli deficit fil budget dan il-bravu awtidur, minghalih ghax anki meta kien sindku ta B'kara falliha. In-nies min jivvutalu lil dan ikun vera jara n-net news biss.
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It is about time to wake up from your long sleep Hon. Fenech and try to do something about the oil prices. Well, it is too late now, we shall not vote for GonziPN this time. Their days are numbered.
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That the price of oil was going up and not down as had been predicted by the EU - and repeated here in Malta- could easily have been known many months ago if one follows what international specialists in the oil sector say in reports which appear on the internet !I suggest to Tonio Fenech to start following what Kent Moore of Money Morning says about oil prices, and forget what the EU says !
