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778-Som-Lalit Institute Of Business Management - Gujarat ...

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famous as the Dawlat Qaṭar, is an Arab emirate, in the Middle East, residing the<br />

small Qatar Peninsula on the northeasterly coast of the very larg Arabian Peninsula.<br />

The State of Qatar has the world's highest per capita production and proven<br />

reserves of both natural gas and oil. In the year 2010, Qatar had the world's largest<br />

GDP per capita, while the economy rose by 19.40%, the fastest in the world. It is<br />

presumed that Qatar will invest approx $120 billion in the energy sector in the<br />

coming ten years. The Qatar National Vision 2030 outlines Qatar‘s long-term vision<br />

by providing a framework within which national strategies and implementation plans<br />

can be carried forward properly. The Qatar National Vision 2030 foresees Qatar's<br />

development through four interconnected pillars including human development,<br />

social development, economic development, and environmental development.<br />

The Qatari government is planning to spend more than $5bn by end-2013 to<br />

increase its electricity and potable water production capacity According to<br />

Commercial Bank Capital, the government will infuse $6.9bn and $9bn in the water<br />

and power sectors respectively over the coming years.<br />

"The State of Qatar is very important global energy hub and the Doha Energy Forum<br />

provides an excellent opportunity for industry representatives to discuss changes<br />

and developments in the worldwide energy market and also local," Energy City Qatar<br />

is the region‘s first integrated business hub dedicated to the hydrocarbon industry<br />

providing a single point of access to markets and expertise, in what will be the<br />

Middle East‘s home for global players in the hydrocarbon value chain.<br />

Energy City Qatar will bring leadership of energy industry in one location, which will<br />

exert a pull on investment from considerable global players in the hydrocarbon chain<br />

and hence will provide a distinctive investment opportunity offering high yields and<br />

low risk. Energy City Qatar is the country‘s first integrated business hub dedicated to<br />

the hydrocarbon industry providing a one point of access to markets and expertise.<br />

At Qatar, they have seven LNG trains, from them four are the biggest in the worldwhich<br />

is known as mega-train – each train has 7.8 million tone production capacity<br />

per annum. Today, the customers for Qatar are spread throughout the four corners<br />

of the world in all the European, Asian and the Americas markets. At Qatar, they are<br />

going to add to the global energy diversity and remain committed to the long-term<br />

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