Qatar’s decision to expand liquefied natural gas (LNG) production by 43% from 77m tonnes per year to 110m tonnes per year by 2024 is designed to enable the country to capitalise on growing global demand for the fuel. The country has been one of the world’s main exporters of LNG, although in recent years, competitors including the US and...
Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
For over a decade Qatar has been the world’s leading supplier of liquefied natural gas (LNG), and by 2024 the country aims to strengthen its share in the market and boost output by 43%, from 77m to 110m tonnes per year (see analysis). While much of Qatar’s growth in the decades after independence in 1971 was fuelled by crude, natural gas...
In 2016 Qatar retained its title as the world’s largest exporter of liquefied natural gas (LNG). For many years the state has also been a global player in the crude oil and petroleum product markets. It is a key energy provider for many of the world’s leading economies, lying at the heart of a hydrocarbons logistics chain that stretches from...
With domestic sources of oil in decline – and, until recently, a moratorium in place on further exploitation of the country’s vast offshore natural gas reserves – Qatar has been boosting its overseas investments, with state oil and gas giant Qatar Petroleum (QP) now involved in projects across the globe. QP has been working in cooperation with...
Recent times have seen the announcement of some major mergers in Qatar’s oil and gas industry, as hydrocarbons players respond to changing global conditions. The new, leaner sector should benefit from shared back office functions and more efficient practices, with the changes broadly welcomed across the industry.
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