Qatar Review

Qatar Petroleum’s strong asset portfolio and advanced technology strengthen its business activities. However, it faces the challenges of rising capital costs in the refining sector and environmental regulations, which could have material impact on the operating results QATAR, the world’s biggest liquid natural gas (LNG) exporter, plans to grow its downstream sector with investments over $13 billion.“Qatar Petroleum has embarked on an ambitious plan to further develop Qatar’s downstream sector, consolidating its position as a major player in the industry. Our long...






An ambitious expansion of the LNG industry in Qatar has seen the use of novel and innovative technology that has culminated with the world’s top LNG export capacity THE oil and gas (O&G) industry is the “foundation and primary pillar” of Qatar’s economic and social evelopment, says the Minister of Energy and Industry, Dr Mohamed bin Saleh Al Sada.“Day by day, Qatari manpower and human resources are reinforcing their position as the driving force behind this...






Talks are being held with major oil and gas companies in Qatar to boost energy co-operation between the two countries. While Qatar needs food sources that Argentina could provide, Argentina needs the energy which Qatar is exporting A RGENTINA’S LNG imports from Qatar reached an all-time high worth $1 billion in 2013 and is set to increase further in the coming years, a senior Argentine official says.Agustin Wydler, Argentina’s Undersecretary for Investment Development and Trade Promotion, says while imports from Qatar were...






Qatar’s fiscal break-even oil price remains amongst the lowest in the Gulf Co-operation Council despite a large step-up in spending that has been driven in part by capital expenditure on infrastructure development QATAR, which enjoys the “highest” sovereign ratings in the Middle East and “sound” external position, has the lowest break-even oil price in the Gulf region, according to global credit rating agency Moody’s. Qatar’s vast oil and gas resources, robust non-hydrocarbon growth, a high per capita income...






The greatest threat to Qatar’s enormous wealth is competition. Other nations are challenging its LNG dominance, especially countries such as Australia QATAR faces diminished market share and the possibility of lower prices just as the country embarks on $200 billion of infrastructure spending before hosting the 2022 soccer World Cup. Gross domestic product growth is projected to slow to an average of 6.3 per cent in the next five years after...






The LR2 project will add to Qatargas’ integrated value chain and will generate revenue from supplying the refined products into domestic and export markets QATAR Petroleum has announced the launch of its giant Laffan Refinery 2 project which on completion will effectively double the condensate refining capacity of the refinery to 300,000 barrels per day.Laffan Refinery 2 (LR 2) project is a joint venture between Qatar Petroleum, Total, Idemitsu, Cosmo...






Some 350 mtpy more gas will come on stream from the US, Canada, east Africa, Russia and Australia in the years ahead – more than doubling worldwide output QATAR is sweetening its gas sales pitch to lock-in long-term Asian buyers before a wave of new suppliers from the US, Australia, and east Africa snatch market share and deflate prices.Up to now, importers like Japan and South Korea have had few major supply alternatives to the tiny Gulf state, whose...






The drilling services major is adding one liftboat and one jack-up drilling rig this year HAVING captured a substantial chunk of the onshore market in Qatar, Gulf Drilling International (GDI) is now gearing up to raise its market share in the offshore market. The company, which provides drilling and associated offshore jack-up services, will have acquired its first liftboat that will be...






QATAR wants to help Iran to develop its share of the world’s biggest gas field so both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) say.The Gulf state has offered its support in response to a request from Iran amid signs that western sanctions might...






THE Saudi Arabia International Oil & Gas Exhibition (Saoge) regularly sees great demand from global companies to participate and be at the heart of the industry. The Eastern Province provides best access to business opportunities for the energy sector, covering more than 33 per cent of Saudi...






QATAR wants to help Iran to develop its share of the world’s biggest gas field so both countries can reap the maximum long-term rewards, sources at state-run Qatar Petroleum (QP) say.The Gulf state has offered its support in response to a request from Iran amid signs that western sanctions might...






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