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...
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...
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