Crisis Fuels Qatar’s New Gas Boom
The current energy market crisis could benefit Qatar and fuel a second gas boom, PwC said in a report, as cited by the Gulf Times. The world’s top exporter of Continue Reading
Qatar Cuts Pay for Foreign Employees Working For Government
Qatar told government-funded entities to cut spending on non-Qatari staffers’ wages as it tries to shore up its finances to cope with the impact of the coronavirus pandemic. The Ministry Continue Reading
Qatar Uses Market Mayhem To Secure Top Spot In Global LNG Market
Despite – or perhaps because of – the global overhang in liquefied natural gas (LNG) supplies, a weak demand profile, and ongoing uncertainty in the hydrocarbons market overall, Qatar believes Continue Reading
Qatar Petroleum delays start-up of North Field LNG expansion due to COVID-19
Qatar is pushing back the start-up of the first phase of its North Field LNG Expansion Project by up to six months so that it will now enter production in Continue Reading
Coronavirus Forces Qatar To Reroute Oil And Gas
One of the biggest liquefied natural gas (LNG) exporters, Qatar, is working with importers in China to reschedule or re-route some oil and gas cargoes to the world’s second-largest LNG Continue Reading
Qatar to develop 800 MW solar power plant with Total, Marubeni
Qatar plans to develop a 800 MW solar power plant near the capital Doha, in partnership with France’s Total and Marubeni of Japan as the Middle East state accelerates its Continue Reading
Volkswagen and Qatar to put autonomous electric vehicles on Doha roads in 2022
Volkswagen AG and the Qatar Investment Authority (QIA) are partnering in Project Qatar Mobility, which will put a fleet of self-driving Level 4 electric shuttles into operation in the Qatar Continue Reading
Why Qatar Is Better Off Without OPEC
One of the many disasters for Saudi Arabia that has come after the accession of Crown Prince Mohammad bin Salman (MbS) as its effective leader was the ostracism of neighboring Continue Reading
Facing unbearable heat, Qatar has begun to air-condition the outdoors
It was 116 degrees Fahrenheit (46.7 degrees Celsius) in the shade outside the new Al Janoub soccer stadium, and the air felt to air-conditioning expert Saud Ghani as if God Continue Reading
Qatar Builds The Biggest Carbon Capture Plant In The Middle East
The world’s top liquefied natural gas (LNG) exporter Qatar has recently commissioned the largest carbon dioxide (CO2) recovery and sequestration facility in the Middle East and North African region, Saad Continue Reading
Chevron Phillips, Qatar Petroleum sign $8 billion petrochemical deal
Chevron Phillips Chemical and Qatar Petroleum signed an agreement on Tuesday to develop an $8 billion petrochemical plant along the U.S. Gulf Coast, the second pact between the companies to Continue Reading
Qatar Petroleum enlists Chevron for huge petrochemical project
Qatar Petroleum signed an agreement with U.S. oil major Chevron on Monday to develop a new petrochemicals complex at Ras Laffan Industrial City. Chevron will own a 30% stake in Continue Reading
Qatar To Use Huge Wealth Fund To Diversify Energy Mix
Qatar plans to use money from its sovereign wealth fund to diversify its energy mix, its Finance Minister, Ali Shareef Emadi, said at the Petersburg International Economic Forum as quoted Continue Reading
Qatar Doubles Down On LNG Expansion Despite Saudi Blockade
Tiny gas-rich Qatar is pushing through with its plans to solidify its top spot as the world’s largest liquefied natural gas (LNG) player both in terms of liquefaction capacity and Continue Reading
Qatar to start construction program for 100-plus LNG ships for 2024 output target
Qatar Petroleum said Monday it has issued an invitation to tender for the construction of more than 100 LNG vessels to help meet its expected output increase to 110 million Continue Reading
Can Anything Challenge Qatar’s LNG Dominance?
Qatar is solidifying its hold as the top global LNG exporter. The tiny, gas-rich kingdom caught the energy world by surprise in late 2017 when it announced that it would Continue Reading
Qatar Petroleum: Global LNG Demand To Grow 2% A Year
Worldwide demand for liquefied natural gas (LNG) will increase at a rate of 2 percent every year in the next fifteen years, the chief executive of one of the world’s Continue Reading
Qatar Leverages LNG In Geopolitical Stroke Of Genius
By now it should be evident that the Saudi-led economic and political boycott of tiny, gas-rich Qatar has caused Doha to push back and chart its own course. A Saudi-led Continue Reading
Qatar’s Ace-In-The-Hole Against The Saudi Boycott
Qatar’s Minister of Commerce and Industry said on Sunday that the country’s trade surplus reached $52 billion in 2018. This amount comes as the gas-rich kingdom pushes back against a Continue Reading
Qatar, Exxon to proceed with $10 billion Texas LNG project
Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility Continue Reading
Oil Majors Flock To Qatar’s LNG Expansion Project
The capacity expansion of the world’s largest liquefied natural gas (LNG) exporter, Qatar, has attracted a lot of interest, and oil and gas majors who are Qatar’s long-standing partners, as Continue Reading
U.S.-Qatar Energy Partnership Has Russia On Edge
It’s been well noted on my OilPrice.com posts over the past year that President Donald Trump isn’t happy with where and even how much of Europe procures its natural gas. Continue Reading
Tiny Qatar Flexes Its Muscles With Oil And Gas Investment Push
Qatar is continuing to make energy headline news. The tiny kingdom is forging its own path even at the expense of recently pulling out of OPEC to focus on its Continue Reading
Qatar buys stake from Eni to share in Mexico’s Campeche field
Qatar Petroleum bought from Italy’s Eni a 35 percent interest in three offshore fields in Mexico’s Campeche bay area 1, estimated to yield over 100,000 barrels of oil by 2021. Continue Reading
Qatar To Invest Up To $20 Billion In U.S. LNG
State energy major Qatar Petroleum is looking to invest as much as US$20 billion in LNG projects in the United States over the next few years, Reuters reports , citing Continue Reading
OPEC exit frees Qatar from U.S. legal concerns
Even before taking over Qatar’s energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO Saad al-Kaabi had long wanted the Gulf state to leave OPEC. Kaabi was Continue Reading
Qatar energy minister says decision to leave OPEC not political
Quitting OPEC the week of one of its most intensely watched meetings was not meant to be a slap in the face to the organization, nor a statement against geopolitical Continue Reading
Gas-focused Qatar to exit OPEC in swipe at Saudi influence
Qatar said it will quit OPEC to focus on gas in a swipe at Saudi Arabia, the de facto leader of the oil exporting group which is trying to show Continue Reading
Oman: Qatar’s Withdrawal From OPEC May Lead To Retaliation
Qatar’s withdrawal from OPEC is a surprise for Oman’s oil minister Mohammed bin Hamad Al Rumhi, who said in an interview with S&P Global Platts on Monday that Qatar might Continue Reading
Qatar’s Irrational Decision To Leave OPEC
OPEC’s future is once again up in the air after the decision by Qatar to leave the oil cartel on January 1 2019. Saad Al Kaabi, Qatar’s minister of energy, Continue Reading
Qatar to withdraw from OPEC and focus on gas exports
Qatar said on Monday it was quitting OPEC from January 2019 but would attend the oil exporter group’s meeting this week, saying the decision meant Doha could focus on cementing Continue Reading
Qatar Says It Will Withdraw From OPEC
Qatar Energy Minister Saad al-Kaabi said the country would withdraw from the organization by January 2019 at a press conference Monday, state-run company Qatar Petroleum said on its Twitter account Continue Reading
Qatar pulls out of Opec as relations with neighbours sour
Qatar plans to quit Opec next year as relations with its Arab neighbors sour, ending a near-six decade long membership of the oil price cartel. The emirate’s oil minister told Continue Reading
Qatar Looks To Revitalize Trade Amid Embargo
On November 7 Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, the deputy prime minister and minister of foreign affairs, announced that Doha was looking to expand trade and investment Continue Reading
Qatar’s Fund Pays $4.2B To Become Rosneft’s Third-Largest Shareholder
Qatar Investment Authority will pay some US$4.2 billion ( 3.7 billion euro ) for a 14.16-percent stake in Russia’s biggest oil producer Rosneft, thus becoming the third-largest single shareholder after Continue Reading
Qatar Plans 43% Boost In LNG Production Capacity
Qatar plans to increase its liquefied natural gas production capacity by 43 percent to 110 million tons annually, S&P Global Platts reports , citing the country’s Energy and Industry Minister. Continue Reading
Qatar to boost LNG production capacity to 110 million mt/year by 2024-minister
Qatar, the world’s largest LNG producer, is on track to expand its LNG production capacity by around 43% to 110 million mt/year, Mohammad Bin Saleh Al-Sada, Minister of Energy and Continue Reading
Higher Crude Breakeven Costs Slow Qatari Diversification
The breakeven price for Qatari crude oil has risen to US$47.10 per barrel this year from US$24.20 a barrel ten years ago, a Gulf think-tank has calculated. The Gulf Times Continue Reading
Qatar Petroleum CEO warns of upcoming,’very big’ LNG shortage
The head of Qatar Petroleum, Saad al-Kaabi, on Tuesday warned there would be a significant shortage of LNG on global markets sooner than expected as he reaffirmed the company’s plans Continue Reading
Qatar To Boost LNG Capacity To Seize Market Opportunities
The new export capacity, with projects to be completed in 2024, is expected to bring in billions of dollars more to the state coffers of the tiny gas-rich country, which Continue Reading
The Qatar-China LNG Deal Is A Game Changer
PetroChina has just inked a deal to buy 3.4 million tonnes per annum (mtpa) of LNG from QatarGas in a move representing the Chinese firm’s largest ever to date LNG Continue Reading
Qatar calls for increased investment in oil and gas markets
Qatar’s energy minister on Thursday called for oil-producing countries to boost investment in the oil and gas sector given a recovery in the price of oil, but said he did Continue Reading
Saudi Arabia Plans to Dig Canal Turning Qatar Into an Island
A senior Saudi official has appeared to confirm Riyadh’s plans to dig a canal separating Qatar from the mainland, turning it into an island. Qatar has been diplomatically isolated from Continue Reading
Higher Oil Prices Fail To Stimulate Economic Growth In Gulf States
The higher oil prices and the subsequent higher oil revenues play a part in a significantly improved outlook for the state finances and trade balances of the Arab Gulf countries, Continue Reading
Anti-Qatar Threats Could Jeopardize OPEC Meeting
The OPEC meeting on June 22nd could become a major showdown of internal conflicts. The media has been focusing on the possible split between the Arab producers and Iran, and Continue Reading
Fitch: Energy-rich Qatar goes from crisis to surplus
Recovering from political disputes, a $10 per barrel increase in the price of oil could add about 4 percent to GDP from gas-rich Qatar, Fitch Ratings reported. Qatar is the Continue Reading
Qatar taps into giant Argentinean shale reserve
Saad Sherida al-Kaabi (R), president & CEO of Qatar Petroleum, signs an agreement with Andrew Swiger, the principal financial officer of Exxon Mobil, for a stake in shale gas in Continue Reading
Qatar Petroleum To Boost Production Despite Blockade
Despite an ongoing blockade by the neighbors of Qatar, its state oil and gas company plans to increase its daily production capacity to 6.5 million barrels per day of oil Continue Reading
Russia’s VTB ready to loan Qatar to buy out stake in Rosneft if needed
VTB, Russia’s second biggest lender, is ready to provide a loan to Qatar to buy out a stake in Russian state energy company Rosneft if needed, the bank’s chief executive Continue Reading
Saudi Arabia beats Qatar to market with $11 billion triple-tranche bond
Saudi Arabia is set to raise $11 billion with a triple-tranche dollar bond, while Qatar is meeting global investors ahead of its first appearance in the debt markets since the Continue Reading