Our remarkable achievements in 2007 have been clearly demonstrated in the ever increasing output in all sectors of the energy industry. The record growth rate of Qatar’s economy is a direct result of the unprecedented level of expansion in the energy sector, in terms of both size and diversity of oil, gas and petrochemical projects. Stemming from the clear vision of His Highness the Emir Sheikh Hamad bin Khalifa Al Thani, Emir of Qatar, to build a modern self-sufficient and sustainable economy, we are implementing a strategy to achieve the optimal utilization of the country’s natural resources. Without his vision, the wealth of our gas reserves would not have been unlocked over one decade ago and none of the great works in the fields of education, science, art and culture, which we are seeing today in Qatar, would be possible. In the crude oil business, the daily average production of Al-Shaheen field reached more than 300 thousand barrels in 2007, making Al-Shaheen the most productive field in Qatar. We are currently working with our partners Maersk Oil Qatar to increase the production capacity of the field to reach 525 thousand barrels per day. Capitalizing on our huge reserves of natural gas, our multi-directional and fast-track strategy to develop the gas industry is making rapid progress. Our large investments to develop the gas industry, extend across the entire value chain of LNG trains, tankers, receiving and gas storages facilities and pipelines gas. On 20th March, 2007, His Highness Sheikh Hamad bin Khalifa Al Thani, Emir of Qatar, officially inaugurated RasGas train 5. The inauguration of train 5 has reinforced our position as the world’s largest exporter of LNG. More than half of Qatar’s total 14 LNG trains are now in operation, the remaining trains from Qatargas and RasGas, each with an annual production capacity of 7.8 million tonnes, are currently under various stages of construction.