Building on success

Ford, Neil
January 2005
Middle East;Jan2005, Issue 352, p49
This article reports that Qatar's economic reform and restructuring programme has been a massive success. GDP has risen rapidly, the private sector is playing a much larger role in economic life, one of the world's most successful gas industries has emerged and the Qatari government is determined to pursue further reforms that will continue the pace of change. Qatar possesses the third biggest gas reserves in the world at 509 trillion cubic feet, while the country's North Field is the biggest non-associated gas field in the world. Gas is being used for power generation within Qatar and further afield but industrial enterprises are being attracted to Qatar precisely because of the combination of plentiful supplies of natural gas and the country's attractive investment environment.


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