Energy
From The Report: Qatar 2019
View in Online Reader

For over a decade Qatar has been the world’s leading supplier of liquefied natural gas, and by 2024 the country aims to boost output by 43%. While much of Qatar’s growth in the decades after independence in 1971 was fuelled by crude oil, natural gas gained prominence in the 1990s. In 2018 Qatar announced it would leave the Organisation of Petroleum Exporting Countries, which it joined as one of the first members in 1961, in order to focus on gas. Qatar’s ambitions signal it will be in a strong position moving forward as worldwide demand for natural gas increases. In addition, Qatar is taking steps to proactively develop its solar power generation. This chapter contains an interview with Sheikh Khalid bin Khalifa Al Thani, CEO, Qatargas.

Articles from this Chapter

Overview

A focus on liquefied natural gas is expected to capitalise on: growing international demand Gas drives growth
OBG
plus

For over a decade Qatar has been the world’s leading supplier of liquefied natural gas (LNG), and by 2024 the country aims to strengthen its share in the market and boost output by 43%, from 77m to 110m tonnes per year (see analysis). While much of Qatar’s growth in the decades after independence in 1971 was fuelled by crude, natural gas gained prominence in the 1990s. In 2018 Qatar announced it would leave the Organisation of Petroleum Exporting Countries (OPEC), which it joined as one…

Interview

Flexible mix: Sheikh Khalid bin Khalifa Al Thani, CEO, Qatargas, on the evolving position of liquefied natural gas (LNG) in local and international markets
OBG
plus

Interview:Sheikh Khalid bin Khalifa Al Thani What impact will the recent merger of Qatargas and RasGas have on the country’s ability to compete in the global LNG market? SHEIKH KHALID BIN KHALIFA AL THANI: The merger of Qatargas and RasGas, which was completed in January 2018, has resulted in the creation of a unique global LNG operator in terms of size, service and reliability. The merger has allowed us to pool the resources and capabilities of the two companies in order to promote operational…

Analysis

With investment and capacity expansion, Qatar is expected to: maintain its position as a leading supplier of liquefied natural gas Top of the line
OBG
plus

Qatar’s decision to expand liquefied natural gas (LNG) production by 43% from 77m tonnes per year to 110m tonnes per year by 2024 is designed to enable the country to capitalise on growing global demand for the fuel. The country has been one of the world’s main exporters of LNG, although in recent years, competitors including the US and Australia have ramped up production and carved their share of the market for the popular fuel. In November 2018 Australia overtook Qatar as the largest…

Overview

Cheaper and greener: As costs decline, renewable sources are seeing an inexorable rise, particularly among developing economies
OBG
plus

Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by developed countries, however, in recent years the renewable energy industry has been expanding in emerging markets. In 2017 these markets accounted for 63% of new global investment in renewables. Taking the Lead Emerging markets exceeded developed economies in terms…