Middle East / Africa

Qatar flag
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

16 May 24
Qatar: Seadrill enters agreement to sell its Qatar Jack-Up Fleet and expands share repurchase program
Seadrill has entered into a definitive agreement to sell three jack-up rigs - the West Castor, the West Telesto and the West Tucana (the 'Qatar Jack-Up Fleet') - and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill’s joint venture partner Gulf Drilling International for cash proceeds of $338 million.
16 May 24
Qatar: QatarEnergy to double its LNG production capacity in the next few years
QatarEnergy's CEO said Qatar’s LNG expansion projects are moving ahead on track towards an increased production capacity of 142 million tons per annum, adding that 'with 18 million tons per annum coming from our LNG project in Texas, Qatar will be doubling its LNG production capacity in the next few years.'
29 Apr 24
Qatar: QatarEnergy signs time charter agreements with three international companies for the operation of 9 QC-Max size LNG vessels
QatarEnergy signed long-term time charter party (TCP) agreements with three ship owners for the operation of nine new, ultra-modern LNG vessels as part of the QC-Max part of its historic LNG fleet expansion program.
08 Apr 24
Qatar: Craig International underlines growth in the Middle East with new contract win
Craig International’s rapid growth in the Middle East has been underpinned by a recent contract win with QatarEnergy LNG, formerly Qatargas. The procurement specialists to the energy industry secured the contract, to source and supply products and services for maintenance, repair, and operations (MRO).
01 Apr 24
Qatar: QatarEnergy’s historic fleet expansion program hits 104 conventional LNG vessels
QatarEnergy has signed long-term time charter party (TCP) agreements with four international shipowners for the operation of 19 new, ultra-modern conventional size LNG vessels as part of the second ship-owner tender under QatarEnergy’s historic LNG fleet expansion program.

Qatar - more news

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