Qatar energy report
This analysis includes a comprehensive Qatar energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2021 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
Abstract
Institutions & Energy Policy
Qatar is a small country located on the north-eastern coast of the Arabian Peninsula. It is bordered by Saudi Arabia in the south and by the Persian Gulf and is separated from the island of Bahrain by a strait. Qatar has large natural gas reserves, which have transformed the country into a high-income economy. Qatar is a member of the Gulf Cooperation Council (GCC).
Energy Companies
Oil:
Qatar Energy (QE, previously, Qatar Petroleum) is the national company in charge of the development of the oil and gas sector. In 2021, it has changed its name to bring forth its strategy to switch towards energy efficiency and technologies such as CCS. Upstream to downstream activities are wholly managed by QE and its subsidiaries.
Energy Supply
Gas:
Gas production has remained stable since 2013 (169 bcm), after a rapid increase between 2005 and 2015 (14%/year). Most of the production comes from the large offshore North Field.
Energy Prices
Oil:
Oil products were historically strongly subsidized by the government, resulting in very low end-user prices. After a subsidy cut on diesel prices in 2014 and another on gasoline prices in 2016, the government decided to reform fuel subsidies and allow prices to fluctuate on a monthly basis.
Energy Consumption
The country's total energy consumption per capita is very high at around 17 toe, including 15 480 kWh of electricity (5th highest level for electricity in the world).
Total energy consumption increased by 8% in 2021 to 52 Mtoe after a slow growth between 2013 and 2019 (1%/year). It grew very rapidly between 2000 and 2013 (11%/year).
Issues & Prospects
Electricity:
In 2013, the country announced a US$22bn plan for water and power projects between 2014 and 2022, but this amount was reduced to US$10bn in 2017. These projects will be implemented over the 2018-2022 period under the framework of the second National Strategic Development (2017-2022).
- GENERAL OVERVIEW
- INSTITUTIONS AND ENERGY POLICY
- ENERGY COMPANIES
- ENERGY SUPPLY
- ENERGY PRICES
- ENERGY CONSUMPTION
- ISSUES AND PROSPECTS
- DATA TABLES
- ABBREVIATIONS
- GLOSSARY
Below is a list of the Qatar energy market report graphs:
In the Qatar energy market report you will find the following tables:
The Qatar energy market data since 1990 and up to 2021 is included in the Excel file accompanying the Qatar country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
- Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
- Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
- Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
- Energy Balance: total and per energy.
- Qatar Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Qatar energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).
The Qatar country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
- New capacities: Current power mix, installed capacity at date, capacity under construction and under development.
- Power Sector Performances: Historical data on installed capacity, power generation, thermal power plants inputs, average thermal power plant efficiency, CO2 emissions of the power sector, carbon factor of the power sector.
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