The State of Qatar is one of the fastest growing economies in the Middle East. Qatar's proved reserves of natural gas exceed 7 trillion cubic meters, more than 6% of the world total, second largest in the world after Russia. Production and export of natural gas are becoming increasingly important. Long-term goals feature the development of offshore natural gas reserves and establishment of downstream industries. In a short space of time, Qatar has become the world’s largest producer and exporter of liquefied natural gas and the base of the world’s largest urea-ammonia complex.

Having focussed on the development of its offshore natural gas reserves in the last decade, the country is now investing hugely in the development of downstream industries. It is poised to be the capital of the world’s Gas to Liquid (GTL) plants. In addition, Qatar is hosting the Asian Games in 2006. This has lead to a host of opportunities in the commercial and infrastructure sectors.

Targeted to spend over US$ 24 billion in the energy sector alone over the next five years, Qatar today offers a wide range of opportunities to suppliers of products and services in virtually all segments of the market.

 



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