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?
How important is liquefied natural gas (LNG) to the long-term sustainability of both the energy industry in Qatar and the state’s economy as a whole?
What developments can be expected for new exploration and production sharing agreements (EPSAs), and what is your outlook for future exploration?
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...
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