

PFC Energy of the US has been appointed as principal consultant and advisor for the multi-billion-dollar Energy City in Qatar.
The project is being implemented by Gulf Energy, a global consortium of energy consultants and investors.
Energy City-Qatar is designed as the Middle East’s first integrated energy business centre for the global oil and gas business. It will enable the region to be a single point of access to markets and expertise, integrating technology, intellectual capital, finance and trading.
Vahan Zanoyan, CEO and president of PFC Energy, says: “We are delighted to be continuing our longstanding links in Qatar and the region and proud to be partnering with Gulf Energy to drive the development of this pioneering energy hub.”
Esam Janahi, CEO of Gulf Finance House (GFH), the lead financier to the project, says: “For the successful roll-out of a project of this significance, it is essential to have world-class partners who will help steer the project forward. It thus gives me immense pleasure to welcome PFC Energy as the principal consultant.”
The appointment of PFC Energy adds momentum to the development of the project, the first phase of which is estimated to cost $1.6 billion.