Report Industry Investment Rating No information provided. Core Viewpoints of the Report - Qatar is rich in oil and natural gas resources, with proven oil reserves of 2.6 billion tons and proven natural gas reserves of 177.7 billion tons, ranking 14th and 3rd in the world respectively [1][10]. - The oil and gas industry is the economic pillar of Qatar. The government has launched the "2030 National Vision" to develop economic diversification and build Qatar into a sustainable, competitive, and high - living - standard country by 2030 [2][10]. - In 2024, Qatar's LNG export volume was about 80 million tons, making it the world's third - largest LNG exporter [1][10]. Summary by Directory 1. Qatar National Overview 1.1 Location - Qatar is located on the Qatar Peninsula on the south - west coast of the Persian Gulf, bordering Saudi Arabia to the south. It has an area of 11,521 square kilometers, a coastline of 563 kilometers, a tropical desert climate, and an average annual precipitation of only 75.2 mm [8]. 1.2 Economic Overview - Qatar has a population of 3.05 million, with Qatari citizens accounting for about 15%. Its main export products are oil, LNG, and condensate, and main imports are machinery, transport equipment, food, and industrial raw materials. Major trading partners include the US, Japan, and Western European countries [10][11]. - In 2024, Qatar's GDP was $195.72 billion, per - capita GDP was $71,600, and total foreign trade volume was $114.8 billion [10][11]. 1.3 Historical and Political Situation - Qatar was part of the Arab Empire in the 7th century, became independent in 1971 as a hereditary monarchy. The Emir is the head of state and military commander - in - chief, and the Consultative Assembly has the power to review legislation and give policy suggestions [12]. - Qatar pursues an active and pragmatic foreign policy, has established diplomatic relations with over 130 countries, and is a dialogue partner of the Shanghai Cooperation Organization. It withdrew from OPEC in 2019 [13]. 2. Oil and Other Liquids - As of January 1, 2023, Qatar's crude oil reserves were estimated at 25.2 billion barrels, ranking 6th in the Middle East and 14th in the world. In 2021, its crude oil and Lease condensate production ranked 14th globally [14]. - Total oil and other liquid production decreased from over 2 million barrels per day in 2012 to less than 1.9 million barrels per day in 2022. Crude oil production decreased from 852,000 barrels per day in 2008 to 616,000 barrels per day in 2022 [14]. - Qatar Energy is using enhanced oil recovery technology to maintain production capacity. The Al - Shaheen oilfield increased production by about 60,000 barrels per day from 2020 - 2022 [14]. - Non - crude liquid production is increasing. The North Field expansion project is expected to increase condensate production by about 380,000 barrels per day and ethane and other LPG by about 300,000 barrels per day by 2027 [15]. 3. Natural Gas - As of December 2022, Qatar's proven natural gas reserves were about 843 Tcf, ranking 3rd in the world, mainly in the North Field [17]. - Qatar is an important global LNG exporter. Gas production growth slowed after 2013 due to mature fields and lack of major projects [17]. - Two large - scale natural gas production and liquefaction projects are under development, with a total capacity of 230.5 billion cubic feet per year, starting in 2025 and 2027 respectively [18][20]. 4. Electricity - In 2021, Qatar's power generation installed capacity was 10.6 GW, a 36% increase from 2010, and net power generation increased by 80% [24]. - Electricity consumption has been rising in the past decade. In 2022, the first utility - scale solar power project was installed, and more solar projects are planned to replace part of natural gas power generation [24]. - Qatar plans to increase solar power installed capacity to 5 GW by 2035 and reduce 11 million tons of CO2 emissions per year through CCS technology by 2035 [24]. 5. Energy Trade 5.1 Oil and Other Liquids - Qatar does not import crude oil or condensate, only occasionally imports petroleum products. Its crude oil and condensate exports have been stable at about 800,000 barrels per day since 2017, mainly to Asia [27]. - In 2022, Qatar's petroleum product exports were about 670,000 barrels per day, mainly to Asia, with LPG and naphtha being the main export products [27]. 5.2 Natural Gas - In 2021, Qatar was the world's third - largest natural gas exporter and second - largest LNG exporter. Most of its gas is exported as LNG to Asia and Europe, with a small amount to the UAE and Oman via the Dolphin Pipeline [32]. - In 2022, Qatar signed long - term LNG supply agreements with China and Germany [32]. 5.3 Electricity - As a member of the GCC Interconnection Authority, Qatar conducts a small amount of electricity trade through the regional market, with a transmission line capacity of 750 MW connecting Doha to the main line [35].

Core Viewpoint - The article emphasizes that Qatar is positioning itself as a new hub for business development, attracting Chinese enterprises through favorable infrastructure, policies, market opportunities, and business culture [1][4]. Infrastructure - Qatar has invested heavily in infrastructure, including airports, metro systems, and urban transport networks, to support economic development and international trade [5]. - The country has established a modern logistics system centered around Hamad International Airport and Hamad Port [5]. Policy and Regulations - Qatar offers a range of investment incentives, such as allowing 100% foreign ownership, exemption from corporate and personal income taxes, no import duties, and simplified licensing and registration processes [5]. - The Qatar Investment Promotion Agency collaborates with various institutions to provide a one-stop service for businesses to understand local policies and operational processes [7]. Market Opportunities - The Qatar National Vision 2030 aims to diversify the economy and create a competitive business environment, focusing on supporting diverse clusters and innovation [3]. - Chinese companies are increasingly targeted for investment in Qatar, with many already establishing operations in sectors like manufacturing, logistics, renewable energy, and digitalization [9][12]. Business Culture - The business environment in Qatar is becoming more open and friendly towards foreign enterprises, with English being widely used for communication [14]. - Major international companies and startups participate in events like the Qatar Web Summit, facilitating networking and collaboration opportunities [14]. Recent Developments - Several Chinese companies announced their plans to enter the Qatari market during the Web Summit, including Kingdee International Software Group and Huawei, which aim to provide digital solutions and develop smart media parks, respectively [11][12]. - Yutong, a Chinese bus manufacturer, is set to establish an electric bus assembly plant in Qatar, aligning with the country's goal to transition public transport to electric vehicles by 2030 [12]. Strategic Recommendations - Companies are encouraged to seek professional advice from the Qatar Investment Promotion Agency before entering the market to understand local culture, regulatory environment, and competitive landscape [16]. - Businesses should consider leveraging Qatar's strategic location to expand into the broader Middle East and North Africa markets [16].