Middle East

Qatar

Qatar aims to reclaim its crown as the world’s largest LNG producer from Australia, targeting 126mn t/y by 2027, and is working hard to develop new markets.

State of Play

Qatar is aggressively expanding domestic LNG production capacity, targeting a 64% increase to 126mn t/y by 2027. Having shrugged off the impact of the ongoing economic embargo, the emirate’s huge expansion is attracting interest from the world’s leading IOCs, which QP is using to snap up overseas assets under its two-pronged expansion strategy.

2018 In Numbers
Gas Output 176 bcm
Gas Exports 125 bcm
LNG Exports 76.8 mn tons
O&G Export Rev. 72.9 $bn
O&G % Export Rev. 87 %
Foreign Reserves 49.3 $bn*

*End-Year

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SELECTED DATA

Qatar Reduces Value Of Imports And Finds New Suppliers Following June 2017 Embargo, Gcc Volumes Plummet ($Bn)

Qatar Imports From The Gcc Collapse, But Oman Seizes Opening With Volumes Tripling Since The Start Of Sanctions ($Bn)

India LNG Imports (Mn T): Volumes From Top Supplier Qatar Have Been Steady At Around 10mn T/Y In Recent Years...

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