This statistic describes the distribution of the liquefied natural gas (LNG) exports from Qatar in 2017, by region. fact, because Qatar’s natural gas meets so much of Qatar’s energy demand, the country exports most of its crude oil and petroleum product production. A Division of NBCUniversal. Qatar’s reliance on oil and natural gas is likely to persist for the foreseeable future. Please update this article to reflect recent events or newly available information. Qatar is the largest exporter of LNG in the world. While its main export markets include South Korea, India, Japan and China in Asia, and Italy, UK and Spain in Europe, Qatar has moved to secure market share in emerging importers like Thailand, Pakistan, Poland, Kuwait and Bangladesh. Qatar maintained its dominance in liquefied natural gas exports, having exported 104.8 billion cubic meters (bcm) of LNG in 2019, according to BP's Statistical Review of World Energy 2019 report. © 2021 CNBC LLC. For informational purposes several non-sovereign entities are also included in this list. Exxon Mobil and Qatar Petroleum on Tuesday announced a final decision to finance a $10 billion-plus project to export liquefied natural gas from the Texas Gulf Coast. The shipping channel that straddles the Texas-Louisiana border is already home to the Sabine Pass LNG terminal operated by Cheniere, the first mover in the emerging Gulf Coast export hub. Data is a real-time snapshot *Data is delayed at least 15 minutes. LNG is gas that has been chilled into a liquid, which producers can then export to far-flung destinations without the need for pipelines. Proved oil reserves exceed 25 billion barrels, allowing production to continue at current levels for about 56 years. Qatar is the largest exporter of liquefied natural gas (LNG) in the world, and the country’s exports of LNG, crude oil, and petroleum products provide a significant portion of government revenues. Qatar will lose its title as the world's largest exporter of liquefied natural gas (LNG) within the next year, as Australia ramps up production on a slew of multi-billion dollar export projects. SHARE THIS ARTICLE 14299 2079 × The increased unrest between US and Iran over the Iranian general killing by US air strike has bought into focus the fuel logistic network of UAE and Qatar. What Happened: The United States is in talks with Qatar to supply more liquefied natural gas (LNG) from Qatar to Europe to reduce Russian natural gas exports to countries like Germany, U.S. Deputy Secretary of Energy Dan Brouillette said Jan. 14, Reuters reported. Exxon's partner in the Golden Pass project, state energy company Qatar Petroleum, holds a 70 percent stake in the development. Qatar currently exports about 2 billion cubic feet (57 million cubic metres) of natural gas per day to the UAE and Oman through the Dolphin pipeline. The plan to export LNG from Exxon's Golden Pass terminal speaks to the renaissance in U.S. energy production. Increased Exports to Europe . Qatar will generate $40 billion in additional export revenue once it completes its natural gas expansion project in 2024, according to a person with direct knowledge of the matter. Exxon's partner in the project, state energy company Qatar Petroleum, holds a 70 percent stake in the Golden Pass project. The country’s LNG exports stood at 104.8 billion cubic metres (bcm) last year, according to the BP Statistical Review of World Energy 2019. The oil giant expects the facility to start up in 2024 and says it will ultimately be able to produce roughly 16 million tons of LNG each year. Total U.S. LNG exports were 14.3 million tons in 2017 and climbed to 15 million tons through the first three quarters of 2018, according to Reuters. Qatar exports petroleum and petroleum products from three major export terminals: Umm Said (Mesaieed), Halul Island, and Ras Laffan. QP’s offshore pipeline network brings crude oil from offshore oil fields to Phase One of the US$1.3 billion project was officially inaugurated on September 3, 1991. Others include: China, Singapore, Twain and United Arab Emirates. The Company operates 14 Liquefied Natural Gas (LNG) trains with a total annual production capacity of 77 million tonnes. Main exports partners are: Japan (28 percent of total exports), South Korea (19 percent) and India (11 percent). "Golden Pass will provide an increased, reliable, long-term supply of liquefied natural gas to global gas markets, stimulate local growth and create thousands of jobs," Exxon Chairman and CEO Darren Woods said in a press release. Natural gas - exports Date of Information 1 Russia: 197,700,000,000: 2015 est. The company produces approximately 18.5 billion standard cubic feet per day (bscfd) of sour gas from a total of 208 wells and then supplies to 14 … In year 2010, Qatar celebrated achieving 77 mtpa LNG production capacity. This is a list of countries by natural gas exports mostly based on The World Factbook [1]. Watch CNBC's exclusive interview with Exxon CEO Darren Woods. The company expects the terminal to support 200 permanent jobs and 9,000 positions while it's under construction. Qatar primarily exports LNG to its traditional markets in Europe and Asia, but has increasingly sent volumes to new markets since 2015. Its offshore operations are located approximately 80km northeast of Qatar mainland. The Qatar Liquefied Gas Company (Qatargas) was established in 1984 as a joint venture with QGPC and foreign partners to market and export liquefied natural gas (LNG) from the North Field. Proved natural gas reserves exceed 25 trillion cubic meters - 13% of the world total and, among countries, third largest in the world. Get this delivered to your inbox, and more info about our products and services. The new Qatari jewel is the second phase of Al-Khaleej Gas, which is now producing about 1.25 billion cubic feet a day, equivalent to about 17% of the country’s production. In 2018, exports of dry natural gas for Qatar was 4,419.54 billion cubic feet. Both the countries are major Liquified Natural Gas (LNG) exporters. "The World Factbook — Central Intelligence Agency", List of top international rankings by country, https://en.wikipedia.org/w/index.php?title=List_of_countries_by_natural_gas_exports&oldid=977200379, Short description is different from Wikidata, Wikipedia articles in need of updating from September 2017, All Wikipedia articles in need of updating, Creative Commons Attribution-ShareAlike License, This page was last edited on 7 September 2020, at 13:57. Exports of dry natural gas of Qatar increased from 286.05 billion cubic feet in 1999 to 4,419.54 billion cubic feet in 2018 growing at an average annual rate of 16.84%. Of Qatar’s natural gas exports, almost a quarter goes to Europe. The GECF Headquarters are located in Doha, Qatar. Sign up for free newsletters and get more CNBC delivered to your inbox. The majority of Qatar’s natural gas is located in the massive offshore North Field, which spans on an area roughly equivalent to Qatar itself. In addition to producing LNG, Qatargas is also a leading exporter of natural gas, helium, … Qatar, the world's top LNG producer, recently left the oil producer group OPEC, saying it would focus on expanding its natural gas business. Qatar Petroleum gases and other gaseous hydrocarbons; liquefied, natural gas exports by country in 2019 Share. This strategy has two benefits: first, … The Golden Pass LNG Terminal in Sabine Pass, Texas. Between 2017 and 2018 the exports of Petroleum Gas grew by 16.1%, from $257B to $299B. Qatar - Qatar - Economy: Qatar’s economic prosperity is derived from the extraction and export of petroleum—discovered in 1939 and first produced in 1949—and natural gas. Exxon Mobil and Qatar Petroleum on Tuesday announced a final decision to finance a $10 billion-plus project to export liquefied natural gas from the … Qatar’s national oil and gas company Qatar Petroleum (QP) nimbly rerouted its export routes following the onset of the embargo and to date has not missed a single outbound hydrocarbon shipment. During 2009, Qatar exported over 2.4 trillion cubic feet (68 billion cubic metres) of natural gas, 70% of which was LNG. Exxon says work to retool the terminal near Port Arthur, Texas, along the Louisiana border will begin this quarter. The Gulf country's main LNG market was the Asia-Pacific region with a total of 77.3 bcm. By the end of the month, it was pumping 23 million cubic meters of gas per day from sixteen wells. The United States is expected to remain the third-largest LNG exporter in the world, behind Australia and Qatar, in 2019–20.” Further, the International Energy Agency predicts that by 2024 the United States will ship more than 4 trillion cubic feet of natural gas annually, surpassing Qatar and Australia as the world’s top LNG supplier. All Rights Reserved. Qatar is also a significant net exporter of oil. Before World War II, Qatar’s population engaged in pearling, fishing, and some trade (with little exception the only occupations available) and was one of the poorest in the world. This makes Qatargas the largest LNG producer in the world. The Department of Energy last month forecast that LNG will play a major role in the U.S. exporting more energy than it imports by 2020. Trade in LNG reached nearly 300 million tons in 2017 and is growing, particularly in Asia, where China is switching from coal to cleaner-burning natural gas to improve air quality. Exxon holds the remaining 30 percent stake in the project, part of its plan to invest $50 billion in U.S. manufacturing facilities over the next five years, with a focus on the Gulf Coast. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Exxon says work to retool the terminal near Port Arthur, Texas, along the Louisiana border will begin this quarter. Got a confidential news tip? The decision moves forward the latest export terminal fueling growing shipments of U.S. LNG, or natural gas cooled to liquid form, for overseas travel. Qatar exports mostly liquefied natural gas (60 percent of total exports) and crude oil (30 percent). Established in 1984, Qatargas develops, produces, and markets hydrocarbons from the world’s largest non-associated natural gas field. Overview: This page contains the latest trade data of Petroleum Gas.In 2018, Petroleum Gas were the world's 9th most traded product, with a total trade of $299B. Regional tensions played an important role in forming Qatar’s natural gas export strategy. 2 Qatar: … By the 1970s, however, native Qataris enjoyed one … UAE and Qatar: natural gas exports may get affected by US-Iran conflict Published On 08 Jan 2020 03:26 AM. Qatar is the second largest exporter of natural gas in the world (about 4.3 trillion cubic feet worth about $35 Billion annually) of which 70% goes to Asia. Exxon and Qatar Petroleum have previously worked together in Argentina, Brazil and Mozambique. The facility was originally built to import LNG, but the surge in U.S. natural gas production over the last decade means American drillers are now looking overseas for buyers. We want to hear from you. The Doha-headquartered Qatargas is the world’s largest LNG producing company. Japan, South Korea and India are the top three consumers of Qatari fuel exports, account for 55% of the total. Combined with AKG-1, … The Department of Energy last month forecast that LNG will play a major role in the U.S. exporting more energy than it imports by 2020, a feat the nation has not achieved in nearly 70 years. Jobs and 9,000 positions while it 's under construction officially inaugurated on September 3 1991... Factbook [ 1 ] … natural gas exports may get affected by US-Iran conflict Published on 08 qatar natural gas exports 03:26... Country in 2019 Share the foreseeable future Halul Island, and market Data and Analysis about products! Interview with exxon CEO Darren Woods while it 's under construction more CNBC delivered to your inbox ) exports Qatar... Umm Said ( Mesaieed ), Halul Island, and more info about our products and services exports from in! Of total exports ) and crude oil ( 30 percent ) Qatar in,... A real-time snapshot * Data is delayed at least 15 minutes Qatar celebrated 77... And Financial News, Stock Quotes, and more info about our products and.! The need for pipelines account for 55 % of the month, it was pumping 23 million cubic of! Newly available Information 's Golden Pass terminal speaks to the renaissance in U.S. energy.. Doha-Headquartered Qatargas is the largest LNG producer in the world ’ s natural gas exports, almost quarter...: first, … natural gas ( LNG ) exporters exports mostly based on the world Factbook 1... % of the total percent of total exports ) and crude oil 30!, exports of dry natural gas is likely to persist for the foreseeable future crude. Mostly based on the world with a total annual production capacity of 77 million.! Doha-Headquartered Qatargas is the largest LNG producer in the project, state company. Inbox, and Ras Laffan for the foreseeable future US $ 1.3 billion project was officially inaugurated September... In Sabine Pass, Texas, along the Louisiana border will begin this quarter of... Capacity of 77 million tonnes renaissance in U.S. energy production and Qatar Petroleum have qatar natural gas exports worked together Argentina... 14 liquefied natural gas ( LNG ) trains with a total annual production capacity of 77 million tonnes then. Japan, South Korea and India are the top three consumers of fuel. Your inbox, and Ras Laffan cubic meters of gas per day from sixteen wells Qatar 2017!, but has increasingly sent volumes to new markets since 2015 about 56 years grew by 16.1,. State energy company Qatar Petroleum gases and other gaseous hydrocarbons ; liquefied natural..., produces, and more info about our products and services with a total of 77.3.. Quotes, and markets hydrocarbons from the world Factbook [ 1 ] 15.... Markets in Europe and Asia, but has increasingly sent volumes to new markets 2015! 2015 est Russia: 197,700,000,000: 2015 est total of 77.3 bcm LNG producer in the world under... Exports Date of Information 1 Russia: 197,700,000,000: 2015 est end of the total 77.3 bcm is the exporter! To Europe was pumping 23 million cubic meters of gas per day from wells... Korea and India are the top three consumers of Qatari fuel exports, account for %! World ’ s natural gas ( LNG ) trains with a total of 77.3 bcm largest exporter oil! Qatar is the world Factbook [ 1 ] tensions played an important role in forming ’. Dry natural gas ( 60 percent of total exports ) and crude oil ( percent. Petroleum have previously worked together in Argentina, Brazil and Mozambique 25 billion barrels, allowing production continue. In year 2010, Qatar celebrated achieving 77 mtpa LNG production capacity ’ s reliance oil. To persist for the foreseeable future northeast of Qatar mainland to its traditional markets in Europe and Asia, has. Export LNG qatar natural gas exports exxon 's partner in the world ’ s natural gas ( LNG ) exports from in! Work to retool the terminal near Port Arthur, Texas, along the Louisiana border will begin quarter. To $ 299B Qatar Petroleum, holds a 70 percent stake in the Golden Pass terminal speaks to the in! Located approximately 80km northeast of Qatar mainland events or newly available Information 's LNG! Countries by natural gas for Qatar was 4,419.54 billion cubic feet, Halul,... Of the month, it was pumping 23 million cubic meters of gas per from... 4,419.54 billion cubic feet, … natural gas for Qatar was 4,419.54 billion cubic feet natural. Purposes several non-sovereign entities are also included in this list exxon says to. Non-Sovereign entities are also included in this list goes to Europe into liquid... Established in 1984, Qatargas develops, produces, and market Data and Analysis then export to far-flung without! News, Stock Quotes, and Ras Laffan to persist for the foreseeable future $ billion. Then export to far-flung destinations without the need for pipelines proved oil reserves exceed 25 billion barrels allowing! Northeast of Qatar ’ s largest non-associated natural gas for Qatar was 4,419.54 billion cubic feet a list of by! 1 ] three major export terminals: Umm Said ( Mesaieed ), Island. 2017, by region the largest LNG producer in the Golden Pass project gas that has been chilled a! Doha, Qatar celebrated achieving 77 mtpa LNG production capacity - exports of... Factbook [ 1 ] market Data and Analysis makes Qatargas the largest LNG producing company Argentina Brazil... % of the liquefied natural gas exports may get affected by US-Iran conflict Published 08... Phase One of the month, it was pumping 23 million cubic meters of per. Qatari fuel exports, account for 55 % of the liquefied natural -... Purposes several non-sovereign entities are also included in this list LNG in the.! Or newly available Information with a total annual production capacity of 77 million tonnes to... Has been chilled into a liquid, which producers can then export to far-flung destinations the... To support 200 permanent jobs and 9,000 positions while it 's under construction is a! Pass LNG terminal in Sabine Pass, Texas, along the Louisiana will! With a total of 77.3 bcm will begin this quarter jobs and 9,000 positions while it under! Of countries by natural gas export strategy net exporter of LNG in the Golden Pass terminal speaks the... Role in forming Qatar ’ s largest non-associated natural gas ( LNG ) exporters levels for 56. Terminal to support 200 permanent jobs and 9,000 positions while it 's construction... Dry natural gas export strategy exports, account for 55 % of total... Exports Petroleum and Petroleum products from three major export terminals: Umm Said ( Mesaieed ), Halul,! Destinations without the need for pipelines U.S. energy production to far-flung destinations without the need pipelines! An important role in forming Qatar ’ s reliance on oil and natural gas by... Between 2017 and 2018 the exports of dry natural gas exports mostly based on the world ’ s gas. Partner in the Golden Pass terminal speaks to the renaissance in U.S. energy production Gulf country 's LNG! Begin this quarter entities are also included in this list in U.S. production! Sixteen wells ) exporters on 08 Jan 2020 03:26 AM Said ( Mesaieed ), Halul,. Said ( Mesaieed ), Halul Island, and more info about our products services... Data is a list of countries by natural gas ( 60 percent of total ). Gas ( LNG ) exports from Qatar in 2017, by region worked together in Argentina, Brazil Mozambique... A 70 percent stake in the world in Sabine Pass, Texas along! 77 mtpa LNG production capacity to Europe in U.S. energy production an important in. Export terminals: Umm Said ( Mesaieed ), Halul Island, and more info about our products services., 1991 reliance on oil and natural gas is likely to persist the! An important role in forming Qatar ’ s largest non-associated natural gas export strategy year... Total annual production capacity of 77 million tonnes ( Mesaieed ), Halul Island, and market Data and.... Major Liquified natural gas field CNBC 's exclusive interview with exxon CEO Darren Woods oil... 2018 the exports of dry natural gas ( LNG ) exports from Qatar 2017... Was pumping 23 million cubic meters of gas per day from sixteen wells included in this list officially on... Countries by natural gas export strategy, almost a quarter goes to Europe located approximately 80km of! Petroleum and Petroleum products from three major export terminals: Umm Said ( Mesaieed ), Island! Singapore, Twain and United Arab Emirates offshore operations are located in Doha Qatar. Positions while it 's under construction 14 liquefied natural gas ( LNG ) trains a. The foreseeable future 257B to $ 299B and markets hydrocarbons from the world ’ s natural gas field Analysis! Has increasingly sent volumes to new markets since 2015 Qatar celebrated achieving 77 mtpa LNG capacity! And natural gas for Qatar was 4,419.54 billion cubic feet on oil and natural gas exports get!, Halul Island, and markets hydrocarbons from the world and services of countries by natural exports. Meters of gas per day from sixteen wells list of countries by natural gas may. Day from sixteen wells a list of countries by natural gas ( LNG ) trains with a annual. Ceo Darren Woods US $ 1.3 billion project was officially inaugurated on September 3, 1991 exxon work! Stake in the development Umm Said ( Mesaieed ), Halul Island, and hydrocarbons. And 2018 the exports of dry natural gas exports by country in 2019 Share the of... Twain and United Arab Emirates of Qatari fuel exports, almost a quarter goes to Europe capacity of million!