Energy

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In the decades since the formation of the International Petroleum Investment Company (IPIC) in the early 1980s, Abu Dhabi has become an important investor in foreign energy and energy-related concerns. In addition to the IPIC, which has holdings around the world, both the Abu Dhabi National Energy Company (TAQA) and the Mubadala Development...

Domestic gas requirements are set to expand rapidly over the next few years as Oman’s industrial base expands and as the utilities sector grows to keep pace with rising demand for water and electricity. However, officials have said projected increases in gas production will be managed to ensure supplies can be guaranteed over the long term.

2013 saw the transition of power from the former Emir, Sheikh Hamad bin Khalifa Al Thani, to Sheikh Tamim bin Hamad Al Thani, his fourth son and second son with Sheikha Moza bint Nasser, a move unprecedented elsewhere in the Gulf but not unexpected in Qatar. 

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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