Abu Dhabi's Taqa could delay investments if oil falls

ABU DHABI | Thu Oct 30, 2008 8:52am EDT

ABU DHABI Oct 30 (Reuters) - Abu Dhabi National Energy Co TAQA.AD (Taqa) could delay some of its planned investments if oil prices continue to fall, Chief Executive Peter Barker-Homek said on Thursday.

He told reporters in a conference call that Taqa had planned to spend some $800 million in North America and the North Sea. (Reporting by Stanley Carvalho, Editing by Lin Noueihed)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.