Seeking Alpha "Qatar Must Practice Energy Innovation To Grow Its Economy"
04/01/12 21:51
According to the International Monetary Fund, Qatar’s economic growth will slow next year as well as face an increased risk of lower oil and gas pricing. All this comes as a result of weaker global demand. Still, most agree the outlook is positive for this Middle Eastern nation rich in resources and land. Qatar is the world’s top liquified natural gas exporting economy, and as such, expanded at double-digit rates in 2011. Qatar also has plans to spend quite a bit on infrastructure in preparation for the 2022 World Cup. Still, the country cannot overlook external risks that reach as far as the euro zone crisis -- specifically, lower oil and gas prices and increased geopolitical tensions.
Read More...
Read More...