Doha will deliver
Qatar will have no trouble keeping its part of the deal
The supply cuts do not bother Qatar unduly. Doha has started cutting the 30,000 barrels a day it pledged, to meet the planned level of 0.618m b/d, and state-owned Qatar Petroleum's (QP) president and chief executive Saad Sherida al-Kaabi has advised export customers of the slight volume reductions. Qatar's dominant Asian buyers-Japan, Thailand and Singapore-will have no problem plugging the small gap from other sources. In short, Doha's clients are happy for now. Qatar's small cuts will focus on wells in the country's biggest field, the 300,000-b/d al-Shaheen, due to its relatively high production costs and medium-heavy crude, says Dubai-based consultancy Qamar Energy. Production at the Dukh
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