Barwa, a Qatar-based organisation with interests in real estate and project development, said it was still in talks with Qatar Petroleum (QP) over the planned sale of its key project to the world’s largest liquefied natural gas producer.

Barwa said it was optimistic about the sale of the Barwa Financial District to QP and added that 'the negotiations were heading in the right direction.'

Barwa, however denied that it was currently involved in talks to sell its City project to a government buyer.

The company said with the construction still underway, a final lease pricing structure for Barwa City properties was not yet ready.-TradeArabia News Service