A key part of Qatar’s long-term development plan, Qatar National Vision 2030 (QNV 2030), is the transformation of the state from a resource-based economy to one that is knowledge-based. Aimed at unhooking the country from hydrocarbons dependency and diversifying its economy, this bold strategy has entailed major investment in human, social,...
Home to the world’s largest non-associated natural gas field and significant oil reserves, Qatar is a leading player in the global energy market. It is also at the forefront of the international gas-to-liquids (GTL) and liquefied natural gas (LNG) industries, as well as fast becoming a major centre for research and development (R&D) in...
Hosting the world’s largest gas-to-liquids (GTL) plant, while also being a global centre for GTL research and development, Qatar today is at the forefront of this high-tech hydrocarbons sub-sector. Indeed, the success of GTL in the state has acted as a catalyst for development elsewhere, with the global sector expanding in 2014. Yet, as with...
Having steadily invested in developing a growing industry of downstream petroleum products, the country has created an industrial base that adds value to the significant hydrocarbons output that is a core part of the country’s strategy to diversify the economy and to drive growth. Qatar Petroleum (QP) oversees or has played a role in almost all...
The petrochemicals industry has come a long way, building from virtually no base to exporting about 10m tonnes of chemicals, polymers and fertilisers per annum, according to the Qatar Chemical and Petrochemical Marketing and Distribution Company (Muntajat). In the past two years stakeholders have announced several major investments. In May 2013...
Powering the country’s thriving economy, the energy sector has made Qatar one of the richest countries in the world with a gross national income per capita of more than $90,000, according to the World Bank. The country invested heavily in developing its natural gas reserves and building infrastructure to export leading quantities of liquefied...
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