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Qatar Steps Off The Gas For Next Chapter Of Growth(0)

While the Arab Spring has unleashed havoc on the region’s economy, one country that has escaped the regional turmoil is Qatar.

Posting stunning GDP growth of 16% last year, the tiny emirate is expected to reach 18% this year, even as other regional economies stumble and need government investment to stimulate growth. Qatar’s economy has benefited from exploiting its formidable oil and gas resources over the past ten years.

But as hydrocarbon-led growth tapers off, the country is embarking on a new set of challenges to stimulate its non-hydrocarbon sector. Can Qatar’s non-energy sector replicate the success of the energy sector and lead GDP growth?

It could well be that the Qatari government is the luckiest government in the world. Sitting on the world’s third largest natural gas reserves in the world, Qatar is the single largest supplier and exporter of liquefied natural gas (LNG), apart from being a significant oil producer. Read More Here

Qatar’s $225 Billion Bonanza Over Next Five Years(2)

Qatar’s investment over the next five years will be a staggering $225 billion, but the country is still worried about low energy prices during the period.

As a roadmap for its social and economic aspirations, you can’t really fault Qatar’s National Development Strategy 2011-2016 report. It is inspirational, comprehensive and packed with good intentions, as all such reports should.

For an economy that is growing at a rate that would put China to shame, it’s national development strategy (NDS) is also lacking in a fair bit of pride and glory - if anything, there are parts of the report that are a bit hesitant and self-doubting. The missing vainglory is a contrast from some of the other national development strategies that one has seen over the years - and that is not a bad thing. It’s almost endearing. Read More

World’s Biggest LNG Producers By 2020(0)

Chevron is the world’s fastest growing liquefied natural gas (LNG) producer, beating Qatar Petroleum, according to Evaluate Energy data. Between 2010 and 2020, the U.S. energy giant will add 17 million tonnes, beating Qatar Petroleum’s 11.5 million tonnes during the same year.