With global oil and gas prices remaining depressed in mid-2016, impacting government revenues and production, state-owned Qatar Petroleum (QP) is now rolling out an ambitious restructuring programme that aims to reduce its domestic workforce and expand into international energy markets, with a focus on production. Restructuring and...
Given current market conditions, to what extent is the country’s domestic energy policy focused on enhancing oil production?
The year 2015 was a challenging one for Qatar’s oil and gas industry. The state saw its hydrocarbons revenue, which accounts for a significant portion of its income, significantly impacted as an ongoing global oil price plummet accelerated, with crude oil losing over two-thirds of its value between June 2014 and January 2016. Redundancies,...
In what manner will the construction of Laffan Refinery 2 (LR2) impact national condensate production in the future?
The year 2015 was a challenging one for Qatar’s oil and gas industry. The state saw its hydrocarbons revenues, which account for a significant portion of its income, significantly impacted as an ongoing global oil price plummet accelerated, with crude oil losing over two-thirds of its value between June 2014 and January 2016. The price slump extended into 2016, driven by soaring global...
Rising demand, an expanding product range and innovative new applications for gas-to-liquids (GTL) products should help Qatar maintain growth in its GTL industry, bucking declines in conventional hydrocarbons prices
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