2012-09-06 12:08:12 - Qatar Petrochemicals Industry - Gas Field Moratorium Restricting New Projects - a new market research report on companiesandmarkets.com
Qatar Petrochemicals Industry - Gas Field Moratorium Restricting New Projects - Qatar holds the world´s third largest natural gas reserves and is the largest exporter of liquefied natural gas (LNG). While these resources and government subsidies make the region attractive to petrochemical producers, a government ban on developing the region´s largest gas reserve has negatively affected planned petrochemicals projects.
The government ban on the development of further projects in Qatar´s offshore North Dome gas field, which holds 900tcf of natural gas, comes on the back of the last decade´s high production rates. Production cost increases significantly during the ceasing period as pressure inside the wells had to be increased artificially to extract the gas. The process is expensive and the government
has put current projects on hold, which is negatively impacting petrochemicals producers in the area.
- Analyses the impact of moratorium on natural gas fiels on the Qatar petrochemical industry
- Discuss the natural gas supply scenario from various gas fields in Qatar
- Gives information on basic petrochemicals capacity in Qatar
Reasons to buy
- Understand the impact of moratorium on natural gas fiels on the Qatar petrochemical industry
- Know about the natural gas supply scenario from various gas fields in Qatar
- Formulate strategies based on the current trends in the industry
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