Middle East / Africa

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Summary | Profile

Country profile: Qatar

Location: Middle East, peninsula bordering the Persian Gulf and Saudi Arabia
Climate: arid; mild, pleasant winters; very hot, humid summers
Terrain: mostly flat and barren desert covered with loose sand and gravel
Size: 11437 sq. km total (Land area: 11437 sq. km )
Population: 928,635 (July 2008 est.)
Languages: Arabic (official), English commonly used as a second language
Government: emirate
Capital city: Doha
Legal system: based on Islamic and civil law codes; discretionary system of law controlled by the Amir, although civil codes are being implemented; Islamic law dominates family and personal matters; has not accepted compulsory ICJ jurisdiction
Currency: Qatari rial (QAR)
Licensing:

Country profile

While Qatar is a member of the Organization of the Oil Exporting Countries (OPEC) and is a significant oil producer, the government has devoted more resources to the development of natural gas in recent years, particularly for export as liquefied natural gas (LNG). In 2006, Qatar reportedly surpassed Indonesia to become the largest exporter of LNG in the world.

Together, revenues from the oil and natural gas sectors amount to 60 percent of the country’s gross domestic product (GDP). Domestically, the vast majority of Qatar’s total energy consumption comes from natural gas (79 percent), while the balance is supplied by oil.

Energy production and consumption


Oil Gas
Production: 1 million bbl/day (2005 est.) 43 billion cu m (2005 est.)
Consumption: 95,000 bbl/day (2004) 17 billion cu m (2005 est.)
Exports: 960,600 bbl/day (2004) 25 billion cu m (2005 est.)
Imports:    
Reserves: 15 billion bbl (2007 est.) 25 trillion cu m (1 January 2007 est.)
Major fields:



Qatar - recent news

13 Apr 21
Qatar: Qatargas awards Saipem an extension of the North Field Production Sustainability Offshore Project
Saipem has received from Qatargas the confirmation of the exercise of two options for additional scope of work within the North Field Production Sustainability Offshore Project. The additional scope of work of the two options is worth approx. 350 million USD.
30 Mar 21
Qatar: Qatar Petroleum to become 100 per cent owner of Qatargas
Qatar Petroleum has announced that it will not be renewing the Qatargas Liquefied Natural Gas Company (QG1) joint venture upon the expiry of the relevant agreements on 31 December 2021. As a result, Qatar Petroleum will become the sole owner of 100% of the QG1 assets and facilities. Established in 1984, QG1 is a joint venture between Qatar Petroleum and affiliates of Total, ExxonMobil, Marubeni and Mitsui.
22 Mar 21
Qatar: Saipem awarded a new contract by Qatargas worth over 1 billion USD for the North Field Production Sustainability Pipelines Project
Saipem has received from Qatargas a Letter of Award for a new contract worth over 1 billion USD and related to the North Field Production Sustainability Pipelines Project located offshore and onshore the North-East coast of the Qatar peninsula.
22 Feb 21
Qatar: Qatar Petroleum enters into a 1.25 MTPA long term LNG supply agreement into Bangladesh
Qatar Petroleum as entered into a long term Sale and Purchase Agreement (SPA) with Vitol for the supply of 1.25 million tons per annum (MTPA) of liquefied natural gas (LNG) to Vitol’s final customers in Bangladesh.
22 Feb 21
Qatar: Qatargas awards Saipem a contract for the offshore development of the North Field Production Sustainability Project
Saipem has received from Qatargas a Letter of Award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approx. 1.7 billion USD.

Qatar - more news

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