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...
In the two decades since it first exported liquefied natural gas (LNG) in 1997, Qatar’s economy and population has expanded rapidly, bringing with it a significant increase in demand for electricity and water. A report published in 2015 by the US Energy Information Administration noted that the utilities sector accounts for most of Qatar’s...
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...
Despite a relatively small population of around 2.7m, Qatar accounts for around 5% of insurance premiums in MENA – a little more than Egypt and one percentage point behind Morocco. Nevertheless, relative to the size of its economy, insurance activity in Qatar remains at a modest level. Annual premiums of around $3bn account for 1.5% of GDP,...
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...
Qatar is home to some of the region’s most prominent sharia-compliant institutions. Despite operating in a crowded and competitive arena, over recent decades the country has claimed a significant share of the banking, insurance and investment segments. More recently Qatar faced the challenges of a sustained dip in oil prices and a regional economic blockade. However, due to a...
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