The Oil & Gas Year Qatar 2014
The immense value of Qatar gas exports has launched the peninsular nation into a position of global influence.
Qatar’s LNG production has permitted the nation to build a network of international influence based on natural gas contracts and overseas investments.
The Oil & Gas Year Qatar 2014 investor’s guide is filled with exclusive interviews and analysis covering the Qatar gas infrastructure and production, LNG exports and crude oil extraction, which has been made a renewed priority in 2014.
Qatar gas production’s global share
Qatar is the fourth-largest producer of dry natural gas in the world and has the third-largest natural reserves in the world – an estimated 25.1 tcm (886 tcf). The Middle East’s second largest gas producer after Iran, Qatar exports 85 percent of its natural gas production of 150.8 bcm (5.33 tcf). RasGas CEO Hamad Al Mohannadi told TOGY, “As a highly flexible source of gas supply, LNG will play an increasingly important role in meeting such incremental demand. To keep up with it, we anticipate that several new and material gas reserves that have been recently established will provide significant new LNG supplies this decade.”
From Qatar Gas to Qatar oil
State-owned Qatar Petroleum and international oil companies continue to invest billions of dollars on sophisticated enhanced oil recovery techniques. Qatar Petroleum has earmarked $6.6 billion for enhanced oil recovery work on crude projects between 2010 and 2014.
Investor’s guide to Qatar Gas
Investment opportunities abound in Qatar gas infrastructure and services and downstream. Qatar Petroleum Company vice-chairman and CEO Mohammed Yousef Al Mulla told TOGY, “There are several opportunities to further develop intermediates and conversion industries, as the state is expanding its petrochemicals range, which could be interesting for local small and medium-sized enterprises.”
In preparation for its sixth book on the hydrocarbons industry in Qatar, The Oil & Gas Year held exclusive interviews with leaders from Qatar Petroleum, RasGas, Shell and Total E&P Qatar as well as speaking exclusively to the Oil Minster and the Minister for Commerce and the Economy.
Including chapters on downstream petrochemicals diversification, oilfield services and research and development The Oil & Gas Year Qatar 2013 is an indispensable report on a critical natural gas producer.