The Market Opportunities
Qatar is one of the fastest growing economies in the Middle East, with reserves of natural gas in excess of 7 trillion cubic meters; more than 6% of the world total and the second largest after Russia.
Qatar is already the world’s largest producer and exporter of liquefied natural gas, and boasts the world’s largest urea-ammonia complex.
The country’s long-term aims include the development of offshore natural gas reserves and the establishment of downstream industries. Both are the subject of heavy investment.
Poised to become the capital of the world’s gas to liquid (GTL) plants, and targeted to spend of US$24 billion in the energy sector over the next five years, the country offers a wealth opportunities to suppliers of products and services in virtually every market segment.