Sizzling Qatar boom sparked by foreign money, technology, and gas
International oil companies have collected advanced upstream and downstream technology and focused it on the small Persian Gulf emirate of Qatar, a roughly 110 mile long by 50 mile wide, thumb-like peninsula that juts out from Saudi Arabia. The emirate, in a burst of enlightened self interest, has opened its doors to international companies and is now riding a wave of foreign investment and new technology to major increases in oil, natural gas, and petrochemical production. The largest natural gas reserve in the world is under Qatari waters and is the driver for the activity that includes two LNG plants. Qatar has proven that you don`t need crude oil in the Persian Gulf to be important. Activities are discussed.
- OSTI ID:
- 597052
- Journal Information:
- Oil and Gas Journal, Vol. 96, Issue 17; Other Information: PBD: 27 Apr 1998
- Country of Publication:
- United States
- Language:
- English
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