TAG: Qatar

Billy FitzHerbert
27 April 2020
Economic Snapshots

As Qatar moves into the new decade the country is forging ahead with growth plans by emphasising economic diversification in line with Qatar National Vision 2030, while also working to increase the output of liquefied natural gas (LNG) by roughly two-thirds. Indeed, Qatar withdrew
from the Organisation of the Petroleum Exporting Countries at the beginning of 2019 to focus on its gas sector, which produces one-third of
the world’s LNG. Furthermore, Qatar has a pipeline of $190bn in mega-projects across the economy, many of which will be completed in time
for the 2022 FIFA World Cup – an event that provides a unique showcase for the country’s economic achievements and plans for the future.

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