According to projections for 2024, the export volume of oil from Qatar was 0.51 million barrels per day. The total oil export volume for the entire Gulf Cooperation Council region for 2020 was projected at 14.09 million barrels per day.
Value of top energy projects in Qatar
The NOC Gallaf Production Project (Batch 3) had the highest value among Qatar's oil projects in 2020, at 1.2 billion U.S. dollars, while the Qatargas LNG Processing Trains (EPC-1) had the highest value among Qatar's gas projects the same year. The majority of Gulf Cooperation Council and North African countries were in power surplus, while several countries in the Levant were in power deficit.
Qatar's oil and gas industry
Qatar's economy has diversified away from crude oil, and it is now one of the world's leading gas exporters. As of 2020, the volume of gas exported from Qatar through pipelines was 22.62 billion cubic meters. After Russia and Iran, Qatar has the world's largest natural gas reserves . It shares its Persian Gulf gas fields with Iran.
Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024
(in million barrels per day)
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IMF. (April 28, 2023). Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024 (in million barrels per day) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/
IMF. "Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024 (in million barrels per day)." Chart. April 28, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/
IMF. (2023). Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024 (in million barrels per day). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/
IMF. "Export Volume of Crude Oil from Qatar from 2000 to 2022 with Projections until 2024 (in Million Barrels per Day)." Statista, Statista Inc., 28 Apr 2023, https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/
IMF, Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024 (in million barrels per day) Statista, https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/ (last visited November 22, 2024)
Export volume of crude oil from Qatar from 2000 to 2022 with projections until 2024 (in million barrels per day) [Graph], IMF, April 28, 2023. [Online]. Available: https://www.statista.com/statistics/1106219/qatar-exports-of-crude-oil/
