qatar economic horizons
DESCRIPTION
Qatar Economic Horizons. Past. Present. Future. 1. Qatar Macroeconomic Environment. 2. Crude Oil Prices. 3. Qatar LNG Expansion Plans. 4. Qatar GDP Per Capita. GDP per capita is amongst the highest in the world ($32k in 2003, $38k in 2004, and $43k in 2005). 5. Qatar GDP Composition. - PowerPoint PPT PresentationTRANSCRIPT
Qatar Economic HorizonsQatar Economic Horizons
FutureFuture
PastPast
PresentPresent
1
Qatar Macroeconomic EnvironmentQatar Macroeconomic EnvironmentGDP by Economic Activity
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Mil
lio
n Q
R
Other Services
Finance, Insurance, and Real Estate
Transport and Communications
Trade, Restaurants, and Hotels
Building and Construction
Electricity and Water
Manufacturing
Agriculture and fisheries
Oil and Gas Sector
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
Oil and Gas Sector (MQR) 10,933 12,773 17,386 13,005 20,644 39,055 36,812 40,717 50,551 64,365 82776
Non Oil and Gas Sector (MQR) 18,689 20,203 23,737 24,325 24,467 25,581 27,767 31,016 35,367 39,198 43924
Manufacturing 2,488 2,499 3,417 2,938 2,869 3,515 3,909 5,075 6,553 7,922 6784
Total GDP (MQR) 29,622 32,895 41,124 37,330 45,111 64,636 64,579 71,733 85,929 103,563 126,700
% Change --- 11.1% 24.7% -10.0% 12.1% 43.4% -0.1% 11.1% 19.8% 20.5% 20.8%
Total GDP (US$) 8,138 9,059 11,298 10,255 12,393 17,760 17,741 19,707 23,603 28,451 34,371
GDP Per Capita (US$) 16,608 17,659 21,609 18,990 22,587 27,968 26,480 27,953 31,987 38,447 43,397
Qatar Macroeconomic Summary
2
Crude Oil PricesCrude Oil Prices
0
10
20
30
40
50
60
70
1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004
Bre
nt
Cru
de
Oil
(U
S$
/ B
BL
)
3
Qatar LNG Expansion PlansQatar LNG Expansion Plans
0
10
20
30
40
50
60
70
80
1997 2000 2004 2005 2010 2012
QG4
QG3
RLIII
QG2
RLII
RL
QG
4
Qatar GDP Per CapitaQatar GDP Per Capita
0
5,000
10,000
15,000
20,000
25,000
30,000
35,000
40,000
45,000
US
$
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
GDP per capita is amongst the highest in the world
($32k in 2003, $38k in 2004, and $43k in 2005)
5
Qatar GDP CompositionQatar GDP Composition
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2000 2001 2002 2003 2004 2005
Mil
lio
n Q
R
Other Services
Finance, Insurance, and Real Estate
Transport and Communications
Trade, Restaurants, and Hotels
Building and Construction
Electricity and Water
Manufacturing
Agriculture and fisheries
Oil and Gas Sector
• Oil and gas is major contributor – 60% of total
• Manufacturing – 7% of total
• Oil and gas dominates Qatar’s economic structures
6
Qatar Export CompositionQatar Export Composition
0
10000
20000
30000
40000
50000
60000
70000
2001 2002 2003 2004
Mill
ion
QR
Mineral Fuels, Oils, etc. Organic ChemicalsPlastics FertilizersIron and Steel Inorganic ChemicalsArticles of Iron and Steel Vehicles other than RailwayClothing Salt, Sulphur, Earths, and StoneOthers
7
Initial Qatar Advantage Initial Qatar Advantage
World-Class Resource
Political Stability
Commitment to LNG
8 a
Qatar Advantage in the Late 90sQatar Advantage in the Late 90s
World-Class Resource
Strong Financial Condition
World-Class LNG Port
Political Stability
Strong Sponsors and Management
Commitment to LNG
8 b
Present Qatar Advantage Present Qatar Advantage
World-Class Resource
Reliability
Strong Financial Condition
World-Class Infrastructure
Political StabilityCompetitiveness
Strong Sponsors and Management
Flexibility Commitment to LNG
8 c
Pure EnergyPure Energy From Qatar to the WorldFrom Qatar to the World
North AmericaNorth America
EuropeEurope
IndiaIndia
KoreaKorea
JapanJapanTaiwanTaiwan
9
Oil and Gas Value Chain Oil and Gas Value Chain
Ethane Propane Butane Pentane C6 to C9 C10 to C13 C14 to C20
Naphtha Naphtha Kerosene Diesel
Reformate LAB Benzene
Aromatics Gasoline
PVC PP MEG HDPE/LDPE Benzene Toluene Xylene
Styrene Gasoline PTA
MEG
Rubber Polyester
Existing Planned Future Textiles
LPG
Naphtha/Ethane/NGL
Cracker
Ethylene + Propylene
LPG Naphtha Naphtha Kerosene Diesel
Possible
10