‘Qatar’s vast oil reserves, natural gas key drivers of economy’

‘Qatar’s vast oil reserves, natural gas key drivers of economy’

Qatar’s vast natural gas and oil reserves and the state’s ambition to diversify the economy under its 20230 National Vision will be a major driver of the economy in the current year and the years ahead according to a top official of a leading diversified business entity in the country.

Estithmar Holding Group Chief Executive Officer, Henrik Halager Christiansen told The Peninsula that one of the key drivers of the Qatari economy is the country’s natural resources, particularly its large reserves of oil and natural gas. While the government is working to diversify the economy, these resources will continue to play an important role in the country’s growth.

He said Qatar is the world’s largest exporter of liquefied natural gas (LNG), and this industry is expected to continue to expand in the coming years, driven by increasing global demand for cleaner energy sources.

“This growth is supported by the government’s commitment to investing in key sectors, such as transportation, healthcare, education, and tourism. The country has made significant investments in this sector, with the goal of attracting more visitors to the country. In recent years, Qatar has hosted several major sporting events, including the 2022 FIFA World Cup. I strongly believe that these