Qatar

Qatar has a population of 3mn, of whom little more than 10% are citizens. But it has leveraged gas riches to make an outsize imprint on the world stage.

State of Play

Long the world's top LNG producer, Qatar in 2023 lost its crown to the US. But massive ongoing expansion to 126mn t/y by 2027 and 142mn t/y by 2030 will see it again challenge for top spot.

2024 In Numbers

Gas Output	206	bcm
LNG Exports	79.5	mn tons
Power Capacity	12.7	GW
Renewable Capacity	0.8	GW

Economics & Finance

29 May, 2026

Featured

Qatar Deficit Soars As Hormuz Closure Hits Hard

Qatar’s budget deficit nearly doubled in Q1 as the Hormuz crisis hit hard, and will widen further in Q2. Sizeable foreign reserves will help it ride out the storm.

One Month Of Hormuz Closure Nearly Doubled Qatar’s First Quarter Deficit ($bn)

Choose Sections

NEWS IN BRIEF

Chiyoda To Resume Work On Qatar NFE LNG

29 May, 2026

Exxon, QatarEnergy Sign Egypt Mou For Cyprus Gas

22 May, 2026

QatarEnergy-Total Make Congo Discovery

17 Apr, 2026

Qatar Keeps Limited LNG Activity Ongoing With Local Sales

10 Apr, 2026

Qatar Keeps Eye Out For Oil At Home And Abroad

6 Feb, 2026

Qatari Petchem Firm MPHC: Profits Down $51mn

30 Jan, 2026

Qatar Signs Guyana Offshore PSA

21 Nov, 2025

Qatar To Divert 24 Pakistan LNG Cargoes

14 Nov, 2025

Qatar’s NFE LNG Expansion: First Train Due Online In Mid-2026, With 110mn T/Y Capacity Achieved By Mid-2028

Qatar Is On Track For Its First Annual Deficit Since 2020 ($bn)

Rebounding Output From Al Shaheen Is Boosting QatarEnergy Crude Production ('000 b/d)

Get Our Headlines Weekly

Keep abreast with current events with our weekly headlines.
You’ll also be notified of our free articles & maps.

By signing up, you agree to receive promotional emails. You can unsubscribe at any time. For more information, read our privacy statement.

Middle East