“Qatar Mulls U.S. Shale Gas Investments”

If you can’t beat them, join them. With the International Energy Agency predicting U.S. shale oil production increasing enough to eclipse Saudi Arabia as the world’s largest oil producer in just over seven years, the tiny, fossil fuel-rich country of Qatar sees opportunity.

LONDON–Qatar is seriously considering non-conventional gas investment opportunities in the U.S with its major partners, a top energy official from the Gulf nation said Tuesday. The considerations underscore how some Middle-Eastern producers are seeking to take advantage of a U.S. shale boom instead of countering it.

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