Qatar Petroleum has 'ambitious growth plans'
Qatar Petroleum plays the field
While the focus is on domestic gas, the Qatari firm is hedging locally and internationally
State-owned Qatar Petroleum (QP) completed at the start of July a $12.5bn international bond issue, its first for 15 years, to fund what it terms “ambitious growth plans”. The main focus of the company is Qatar’s vast North Field East (NFE) expansion project, which will likely cement Doha’s dominance of the global LNG market. However, the acquisition of upstream interests in South Africa three days later was a reminder that neither possession of an 870tn ft³ (24.6tn m³) domestic gas bounty nor mounting global decarbonisation pressure have deterred the firm from maintaining other strings to its hydrocarbons bow. International diversification is a longstanding QP aim. But it has gained added i
Also in this section
29 January 2026
Caught between LNG risks from across the Atlantic and the wounds from Russian gas dependence, Europe needs more than a simple diversification strategy
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
