Oil and gas production are the drivers of Qatar’s economy. Oil production capacity is 850,000 barrels per day. Qatar is the largest global exporter of liquefied natural gas (LNG) producing some 38 million tonnes annually. Efforts to diversify the economy are high on the agenda.
The result is a broad range of growth industries including banking, telecommunications and IT, fertilizer production, aluminum smelting, construction, tourism, and real estate.