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

Energy Profile Qatar
Before the emergence of petrol-based industry, Qatar was just a pearl fishing
country. The exploitation and production of oil and gas fields began in 1940. In 1973,
oil and gas production and exploitation revenues increased drastically, taking the
state out of the ranks of the world's poorest countries and offering it with one of the
highest per capita incomes in the world.
The State of Qatar has the world's highest per capita production and proven
reserves of both natural gas and oil. In the year 2010, Qatar had the world's largest
GDP per capita, while the economy rose by 19.40%, the fastest in the world.
Oil production will not remain long at apex levels of 500,000 barrels per day, as oil
fields are calculated to be mostly depleted by 2023. However, large natural gas
reserves have been located off Qatar's northeast coast. Qatar's reserves of gas are
the third-largest in the world, exceeding 250 trillion cubic feet.
Qatar's heavy industrial plans, all based in Umm Said, include a refinery with a
50,000 barrels per day capacity and there are also some other projects like a
fertilizer project for urea and ammonia, a steel project, and a petrochemical project.
All these industries are depended on gas fuel. Most are joint ventures between
European and Japanese firms and the state-owned Qatar General Petroleum
Corporation (QGPC). The U.S. is the biggest equipment supplier for Qatar's oil and
gas industry, and U.S. companies are playing a vital role in North Field gas
development.
QATAR POWER REPORT – 2012 – Q4
The Qatari government is planning to spend more than $5bn by end-2013 to
increase its electricity and potable water production capacity, according to Qatar
Electricity & Water Company CEO Abdulsattar al-Rasheed. $2.4bn will be invested
by 2012, while $2.8bn will be spent in 2013. New projects include a 2,250 megawatt
(MW) power plant. During the period 2012-2021, Qatar‘s overall power generation is
expected to increase by an annual average of 6.7%, reaching 46.6 terrawatt hours
(TWh). Driving this growth is an annual 6.0% gain in generation of gas-fired, which
remains the key form of power supply in the country.
Qatar's Energy Leader
"The State of Qatar is very important global energy hub and the Doha Energy Forum
provides an excellent opportunity for industry representatives to discuss changes
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