Energy
From The Report: Qatar 2020
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As of early 2020 Qatar’s energy sector was on the threshold of major expansion plans that will allow it to benefit from growing global demand for cleaner sources of power generation. Although operations surrounding the North Field Expansion have been postponed until at least 2021, upon commencement of the project the country’s total output of liquified natural gas and polyethylene is predicted to increase by approximately 64% and 82%, respectively, over a period of around seven years. This is likely to provide a major boost for international oil companies, as well as engineering firms, shipbuilders and local Qatari businesses. This chapter contains an interview with Khalid bin Khalifa Al Thani, CEO, Qatargas.

Articles from this Chapter

Overview

Resource base: Production and extraction of liquefied natural gas is set to increase as ambitious expansion plans are put in motion
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As of early 2020 Qatar’s energy sector was on the threshold of major expansion plans that will allow it to benefit from growing global demand for cleaner sources of power generation. Although it is facing increasing competition from other suppliers, Qatar has been the world’s leading exporter of liquefied natural gas (LNG) for some time. The country is gearing up for a significant 64% boost in production from its North Field, from 77m tonnes per annum (tpa) in 2019 to approximately 126m…

Interview

A cleaner future: Khalid bin Khalifa Al Thani, CEO, Qatargas, on the positive outlook for liquefied natural gas (LNG)
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Interview:Khalid bin Khalifa Al Thani, CEO, Qatargas How is Qatargas planning to mitigate the effects of what are expected to be major shifts between excess supply and demand in the next five years? KHALID BIN KHALIFA AL THANI: Our strategy is to continue working on cost-effective, reliable production and to be competitive in a wide range of market conditions, building on our substantial asset and resource base. Moving towards 2030 global demand for LNG is expected to reach approximately…

Analysis

Promising partnerships: Competition remains strong as companies vie for roles in the North Field expansion project
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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 related to the project have been pushed back accordingly. Once plans are back under way, the project…

Overview

Leapfrog or lock in: To meet increasing demand for power and expand access in underserved regions, governments must choose whether to invest in traditional or new sources of energy
OBG
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The duel aims of rapidly reducing greenhouse gas emissions and providing greater access to energy for underserved regions of the world are proving to be a complex challenge in need of innovative solutions and major investment. Repeated warnings from scientists regarding the economic and environmental consequences of unabated carbon emissions have seen the topic of climate change increasingly appear on the agendas of companies and governments worldwide. In 2018 the UN’s Intergovernmental Panel on Climate Change released a special report titled “Global Warming of 1.5°C”, which stated that global CO emissions must be cut in half by…

Overview

Leapfrog or lock in: To meet increasing demand for power and expand access in underserved regions, governments must choose whether to invest in traditional or new sources of energy
OBG
plus

The duel aims of rapidly reducing greenhouse gas emissions and providing greater access to energy for underserved regions of the world are proving to be a complex challenge in need of innovative solutions and major investment. Repeated warnings from scientists regarding the economic and environmental consequences of unabated carbon emissions have seen the topic of climate change increasingly appear on the agendas of companies and governments worldwide. In 2018 the UN’s Intergovernmental Panel on Climate Change released a special report titled “Global Warming of 1.5°C”, which stated that global CO emissions must be cut in half by…