by: Shushmul Maheshwari
According to our latest research on global LNG industry, “Global LNG Market
Analysis”, rising crude oil and coal prices in the international market, coupled
with the mounting pressure to develop clean power is driving the global LNG
market. Japan is expected to be the leading importer, while Qatar will remain
the major exporter in coming years.
As per the research report, Qatar's economy is continuously growing despite the
worldwide economic turmoil due to its booming hydrocarbons industry as well as
an array of downstream initiatives. In particular, Qatar’s burgeoning LNG
industry is the main engine driving its economic growth.
Qatar is already the world's largest exporter of LNG and production is forecast
to jump to 77 Million Metric Tons by 2010. In 2008, Qatar's gas sector overtook
the oil as the largest contributor to GDP for the first time in the country's
history. Gas constituted 32% of the state's income in 2008, compared with 27%
share of the oil sector.
Qatar boasts of having the third largest natural gas reserves in the world and
the largest reserves among all the existing LNG exporters. Proven recoverable
reserves of natural gas in Qatar were estimated at 25.46 Trillion Cubic Meter at
the end of 2008. These large natural gas reserves with high levels of investment
will provide the country an extremely lucrative stance in future.
“Global LNG Market Analysis” provides an exhaustive research and rational
analysis on the global LNG market. This extensive research will help clients to
identify market trends and evaluate the leading-edge opportunities critical to
the success of the global LNG industry. This study gives an overview on the
various factors driving the LNG market, together with the forces that are
blocking the growth of the industry.
The research also covers detailed regional as well as country level analysis and
future perspective of the major countries including Japan, South Korea, China,
India, Australia, Indonesia, Malaysia, Qatar, Oman, UAE, US, Trinidad & Tobago,
Algeria, Nigeria, Egypt, Spain and France.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM214.htm
Check DISCOUNTED REPORTS on: http://www.rncos.com
About The Author
About RNCOS:
RNCOS, incorporated in the year 2002, is an industry research firm. We are a
team of industry experts who analyze data collected from credible sources. We
provide industry insights and analysis that helps corporations to take timely
and accurate business decision in today's globally competitive environment.
Source :
http://www.articlecity.com/articles/business_and_finance/article_11535.shtml
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Qatar to Double LNG
Production - Qatar
LNG Production |
