As Qatar works to further strengthen political and economic ties with new and existing governments in the region, the country is also amping up its production efforts, applying enhanced recovery techniques to its mature fields. Although currently boasting the third-largest proven reserves of natural gas and the largest capacity for LNG production in the world, the country is facing competition from unconventional sources and foreign producers.
The Barzan Gas Project, expected to come on stream in 2014, remains one of the major areas of focus for Qatar’s energy industry, and is hoped to be able to meet the country’s growing domestic demand for water desalination and electricity generation.
Downstream, Qatar’s petrochemicals sector is set for a boost as gas-derived feedstock is increasing efforts toward production of low-density polyethylene and ethylene, as well as urea and ammonia.
The Oil & Gas Year Qatar 2012 features interviews, comment and opinion from the most important names in Qatar’s energy industry.