Qatar’s petrochemical sector surges through new projects
Rising gas production is propelling Qatar to be a global leader in LNG exports and GTL technology, and it will play a key role in the future growth of Qatar’s downstream sector.
Although it is the smallest Organization of Petroleum
Exporting Countries (OPEC) member nation, both in terms of area
and population, Qatar contains the third-largest proven
reserves of natural gas in the world. Natural gas is sourced
primarily from Qatars North field. With an estimated 900
trillion cubic feet (Tcf) of recoverable gas reserves, the
North field is the largest non-associated natural gas field in
the world and represents roughly 10% of the worlds known
reserves. With gas production reaching almost 6 Tcf in 2013,
the country is the worlds fourth-largest producer of
natural gas. This gas production has propelled the country to
be the worldwide leader in liquefied natural gas (LNG) exports
and gas-to-liquids (GTL) technologies. Continued large-scale
natural gas production will play a key role in the future
growth of Qatars downstream hydrocarbon assets.
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