According to sources cited by Reuters, Qatar is in negotiations to acquire a share in the $27 billion cluster of energy projects in Iraq owned by the French multi-energy business TotalEnergies. The Qatari investment is anticipated to help Iraqi Prime Minister Mohammed Al-Sudani, who was elected last year following a …
Read More »Qatar to Move Ahead with Ambitious Petrochemical Megaproject
Qatar has been a principal beneficiary of Russia’s invasion of Ukraine early last year, securing its top liquefied natural gas (LNG) exporter position and vigorously pursuing an expansion program in its flagship North Field. As a corollary of this ambitious plan, Qatar announced last week that it is to move …
Read More »More Investment Needed to Ensure Affordable Natural Gas: Qatar, UAE
Qatar is one of the world’s top producers of liquefied natural gas, and UAE is an OPEC oil producer that is sharpening its focus on the gas market as Europe seeks to replace Russian energy imports after its incursion into Ukraine. The world will need natural gas for a long …
Read More »Qatar and Chevron Sign Major Petrochemical Deal
The state-owned QatarEnergy announced Monday an agreement with the US petrochemical giant Chevron Phillips Chemical to build a petrochemical facility. QatarEnergy and Chevron Phillips Chemical will build a $6 billion complex in Qatar’s Ras Laffan Industrial City. To this end, the two companies created the joint venture Ras Laffan Petrochemicals. …
Read More »Qatar to Benefit from ‘Favourable’ Energy Prices, ‘Stronger’ Global Demand
With physical markets expected to tighten further on the back of supply constraints and stronger global demand, energy prices might see further upside, benefiting Qatar – one of the largest global exporters of liquefied natural gas. Middle East’s leading bank QNB expects prices to be well supported in a range …
Read More »Qatar, US Top Global LNG Exports in 2022
Qatar and the United States have topped global exports of LNG in 2022 in light of the energy crisis amid the ongoing war in Ukraine, Bloomberg revealed on Tuesday based on ship-tracking data. The report found that Doha and Washington exported 81.2 million tonnes of LNG, a figure that represented …
Read More »China’s Gas Deal with Qatar Gives it Unprecedented Control over Energy
As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest ever liquefied natural gas (LNG) deals with Qatar at the staggering amount of US$ 60 …
Read More »Xi Says China Ready to Improve Cooperation with Qatar in Energy, Finance, Investment
China is ready to expand cooperation with Qatar in traditional energy such as natural gas and renewable energy such as photovoltaic and wind energy, and raise the level of bilateral cooperation in finance and investment, Chinese President Xi Jinping said here Friday when meeting with Qatari Emir Sheikh Tamim bin …
Read More »$60 Billion LNG Mega Deal Marks Chinese Influence in Middle East
In a world now where several major economies may need huge quantities of gas delivered very quickly and with very little notice, Qatar, as the top liquefied natural gas (LNG) exporter occupies the same sort of ‘swing producer’ position in the global gas market that Saudi Arabia used to hold …
Read More »Chinese-Built Solar Project Makes World Cup Greener
The 800-megawatt Al Kharsaah photovoltaic power station, Qatar’s first solar power plant, seen here, was constructed by PowerChina Guizhou Engineering Co. [Photo/China Daily] Since a capacity crowd cheered at the opening on Nov 20 of the 2022 FIFA World Cup at the brilliantly lighted Al Bayt Stadium in Doha, the …
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