Qatar National Vision 2030, the country’s blueprint for the future, lays out ambitious goals for environmental, social, human and economic development in the coming decades. As part of these economic plans, the authorities aim to invest energy revenues into infrastructure projects, in order to build an environment in which a more diversified...
The economic diversification strategy Qatar has opted for rests on reinvesting the income from hydrocarbons sales. Developing a base for industry and manufacturing has been a pillar of this, with accelerated efforts to grow the sector taking place over the past decade. Building on Qatar’s comparative advantages, the government has focused on...
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...
How has the disassociation of gas and oil prices impacted the expansion of the gas-to-liquids (GTL) industry? Do you anticipate this trend continuing?
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