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...
By asserting itself as one of the world’s largest exporters of gas, Qatar continues to play a vital role in global energy supply and security. One of the most important factors for the country over the coming years will be how it maintains this position and navigates a complex and highly politicised international gas market.
Qatar’s oil and gas exports are by far the country’s most valuable. In November 2013 alone petroleum gases and petroleum oils were worth QR33.9bn ($9.3bn), making up 86.5% of exports by value for that month, according to data from the Ministry of Development Planning and Statistics. While the country’s hydrocarbons are an important source of...
With the aim of diversifying its economy, Qatar’s National Development Strategy states, “Sustaining prosperity over the long-term requires wise management of exhaustible resources to ensure that future generations inherit ample means to meet their aspirations.” The strategy calls for diversifying energy production to include renewable sources....
To provide water and power services to its residents and companies, Qatar has invested heavily to build the production capacity needed. The Qatar General Electricity & Water Corporation, known as KAHRAMAA, reports investing more than $9.6bn to upgrade the electricity network between 2000 and 2008. According to Drake & Scull, an...
Abundant supplies of natural gas and strong links to global supply chains for downstream products have enabled the presence of a growing gas-to-liquids (GTL) industry. GTL, first developed on an industrial scale in South Africa in the 1970s, is a process of creating diesel and gasoline products using natural gas as feedstock. There are two basic...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×