QATAR

(in Middle East)

CAPITAL: DOHA

POPULATION: 1 mm

AREA (on): 11,400 km2

OIL PEAK: 2014 (forecast)

SUPPLY

Qatar has rapidly growing liquids production. For years it has been producing at near full capacity despite the country being a member of OPEC but had reduced output a little in 2008/2009. Onshore production is declining slowly but offshore production is increasing as a result of new investment in existing fields and, more especially, due to increasing liquids production from the giant North gas field.

Qatar’s gas production is also surging ahead. The North field, discovered in 1979, came onstream in 1991 and output rises as each new LNG train is brought into operation. The Dolphin project, that sends piped gas to the United Arab Emirates, began producing in 2006 and a large GTL plant is also being built.

 

DEMAND

Qatar has a small population and consumes modest amounts of oil. Consumption is now rising only very slowly as are exports which should peak in 2013.

Qatar is a relatively large consumer of gas and will continue to increase consumption, replacing oil wherever possible. Gas exports rose slowly up to 2006 but are now increasing rapidly as new LNG conversion plants are brought onstream and as the Dolphin project expands to satisfy growth in demand in neighbouring countries.

 

 
 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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