The Energy Efficiency & RetrofitTech Qatar Summit is taking place on 7 - 8 November 2023 at Hilton Doha, Qatar. This 2- day summit will be the region’s important gathering of government entities and key stakeholders across retrofitting, energy efficiency and sustainability sectors to discuss strategies on implementing advanced technologies and practices to aid the transition to a more sustainable…
– Gulf NOCs are expanding their carbon capture and hydrogen capacity – Partnerships with foreign companies are creating new trade opportunities – Middle East could capture up to 50m tonnes per annum of carbon by 2030 – Saudi Arabia aims to become a world leader in hydrogen production and export As hydrocarbons producers reap sustained revenue from high global prices, national oil companies…
Qatar is undertaking a major long-term expansion strategy in the North Field to increase the production of liquefied natural gas (LNG). The project, which involves tens of billions of dollars worth of investment, seeks to boost the country’s LNG capacity by 64% by 2027. The move is in line with the goal to capture greater global market share and is expected to help Qatar consolidate its position…
Qatar’s performance during the Covid-19 pandemic built on the strength of its response to the economic blockade imposed in mid-2017. The economy has been supported by the North Field expansion project, which will increase liquefied natural gas (LNG) production from 77m tonnes per year in 2018 to 110m tonnes per year in 2027, when the project is set to be completed. The development will furthe
The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations. With economic diversification a leading concern for GCC economies, this publication details the structure, key stakeholders, and strategic contribution of chemicals and petrochemicals to economic diversification in the region. The report evaluates regional petrochemicals…
– Increased demand and supply shortages have pushed oil prices to nearly $100 per barrel – The high-price environment could give rise to an increase in drilling and coal usage – Energy companies and governments say they will use the windfall to invest in renewables – Oil-producing countries in the Gulf have expanded their renewable energy commitments Amid an increase in global demand…
– Hydrogen is emerging as an important fuel in the energy transition – The UAE and Saudi Arabia are the Gulf’s hydrogen leaders – Hydrocarbons producers leverage expertise to develop hydrogen export chains – Extensive cost of projects seen as a challenge to developing the industry With hydrocarbons-rich countries in the Gulf increasingly looking to reduce their carbon emissions, some…
As Qatar moves into the new decade it is forging ahead with economic diversification plans in line with Qatar National Vision 2030 while also working to increase the output of liquefied natural gas (LNG) by roughly two-thirds. Indeed, Qatar withdrew from the Organisation of the Petroleum Exporting Countries at the beginning of 2019 to focus on its gas sector, which produces one-third of the worldâ
Qatar’s North Field expansion (NFE) project has continued to grow in scope since it was first mooted in 2017; however, in February 2020 the project was temporarily postponed. This decision comes in the wake of declining gas prices and the increasing supply from the US and other countries. As of March 2020 the delay was expected to push the project back until 2021, and a number of deadlines…