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Around 270 bcm of approved or under construction LNG liquefaction capacity is currently in the pipeline to be commissioned by 2030, primarily driven by projects in the US and Qatar, according to International Gas Union (IGU).This marks a new growth phase following a prolonged period of stagnation, reflecting the inherently cyclical nature of the liquefaction sector, IGU said in its ‘Global Gas Report 2025’.These cycles are driven by the capital-intensive nature of projects – typically costing around $0.75bn per bcm – and long development timelines, often spanning four to five years from Final Investment Decision (FID) to operation.To manage market risk, developers usually secure most of their capacity through long-term contracts. Due to these factors, the LNG market is expected to remain broadly balanced, with limited opportunity for new developments in the short term and ample supply by 2030.Amid rising demand, there is indication of growing LNG supply reinforcing natural gas’ role as a reliable fuel to meet expected shortfalls, IGU noted.Despite tightness in the near term, the global LNG market is expected to gradually ease over the next few years, and move into surplus as new supply comes online toward 2030.According to IGU, uncertainty surrounding the timing of LNG supply persists despite the expected surge associated with the next wave of LNG projects.In October 2024, TotalEnergies revised its forecast, now anticipating that the next wave of LNG supply will only come to market from 2027, two-years after the previously projected 2025 timeline.The supply outlook remains uncertain due to potential delays as well as regulatory, technical and financial risks to projects. While there is a potential for increased project FIDs as a result of US import tariffs, policies such as the sanctions on Russian LNG are set to strike a blow to global LNG supply as upcoming projects’ ability to acquire necessary equipment, secure vessels and find buyers is becoming increasingly limited.Disruptions to key LNG transit routes, such as the Strait of Hormuz, increase shipping times and costs, undermining project economics and investor confidence. This may lead to slower FIDs for projects dependent on long-distance or chokepoint-exposed routes.IGU noted gas has also proved itself a vital component of global energy security. LNG trade has historically offered cross-border flexibility to respond to shifting demand-supply dynamics during market uncertainties.For instance, the 2022-2024 European energy crisis following the reduction of Russian piped gas supply was stabilised using LNG imports from the US and Qatar.Similarly, East Asian countries like Japan and South Korea rely on spot LNG purchases to balance seasonal fluctuations, establishing natural gas and LNG as geopolitical tools for preventing deeper economic or social fallout through resilient and diversified supply, IGU said.

Beyond the TarmacThe lack of adequate returns is one of the biggest barriers discouraging investment in Sustainable Aviation Fuel (SAF) production globally.SAF is currently much more expensive to produce than conventional jet fuel, often 2–5 times higher depending on the feedstock and technology.Without subsidies, price support, or guaranteed demand, investors face low or negative margins, according to industry analysts.IATA’s SVP of Sustainability and Chief Economist Marie Owens Thomsen noted investment is needed to fund new SAF production facilities and other sustainability initiatives.“Certainly, money is available if investors think the returns will be there. The amount of finance available to artificial intelligence development speaks to the deep pockets that investors have if they believe in a project.“But the truth is that oil is bringing in about a 20% return while renewable energy is lagging at 5%. Bridging that gap requires the right policies and incentives from regulators.”Thomsen said: “The good news is that solar and wind power have already shown the way forward. SAF needs a similar level of investment to these now-established energy markets so regulators should be aware of the constituents of a good policy.“The blueprint for success is there,” says Thomsen. “And it all fits together because this leads back to the idea of radical collaboration. This is not about giving money to aviation, it is about investing in the energy transition. SAF is just one part of the biofuel complex that will drive advances in renewable power.”IATA says the Asia-Pacific region is aviation’s fastest-growing market and notable for its SAF production opportunities. India, Malaysia, and Vietnam are just a selection of countries in the region that could play crucial roles in SAF production.China, meanwhile, has a strong record in strategic planning and is invariably successful in implementing those plans, often before deadline. The country aims to be carbon neutral by 2060 with peak emissions occurring before 2030.A SAF pilot project in China has been extended. The Civil Aviation Administration of China (CAAC)'s 14th Five-Year Plan calls for over 20,000 tons of SAF consumption in 2025 and a Sustainable Aviation Fuel Research Centre to develop standards and a certification system has been established.It is reported that more than 3mn tonnes of SAF production is either planned or in construction.China’s ability to be a trend-setter in SAF is important as SAF will do the heavy lifting if aviation is to reach net-zero by 2050. But Thomsen emphasises that decarbonisation is not just an industry issue.Thomsen suggests that if individual industries try to find their own solution each one will fail. “But together it is possible to succeed,” she adds.“Aside from the economic implications, countries that are forward-looking in this area can achieve greater energy independence. Refineries produce a slew of products so when we talk about SAF production, it is important to remember this is a small share of refined output.“The majority of renewable refined products will benefit other industries. This means that helping airlines obtain sustainable aviation fuel will give most other industries greater access to renewable fuels.”While airlines and regulators are pushing for SAF adoption, the fact remains that the demand is still relatively small and fragmented. Investors worry that commitments may not translate into long-term offtake agreements at profitable prices.Building SAF plants requires billions in upfront investment, with long payback periods. If policy frameworks or incentives such as tax credits, blending mandates, or carbon pricing are unclear, investors may find the risk-return profile unattractive.Many SAF feedstocks (including waste oils, crops and biomass) have alternative uses — like renewable diesel, bio-based chemicals, or even food. These alternatives can offer better returns, drawing investment away from SAF, experts say.Clearly, inadequate returns discourage SAF investment, which is why many experts emphasise the need for a combination of policy incentives, carbon pricing, and long-term purchase commitments from airlines to make SAF commercially viable.

The recent attack by Israel on the State of Qatar is both unjustifiable and strongly condemnable. Qatar, a peace-loving nation, has consistently demonstrated its commitment to ensuring peaceful coexistence and stability across the world. “The country’s commendable efforts in resolving international disputes have been widely recognised and appreciated by the global community,” noted Dr Amanulla Vadakkangara, prominent Indian expatriate, writer, and CEO of Media Plus. This unfortunate incident occurred while Qatar was actively engaged in negotiations for a ceasefire in Gaza, in line with the recommendation of the President of the United States. At such a critical juncture, the attack underscores a blatant disregard for Qatar’s constructive role in promoting peace. Qatar’s stance against aggression remains exemplary. While affirming its legitimate right to defend itself, Qatar reiterates that it will pursue all available legal and diplomatic measures in response to this attack.This principled approach reflects the true hallmark of a civilized and cultured society, one that believes in resolving international disputes through lawful frameworks and diplomatic engagement rather than violence. “Particularly noteworthy is that Qatar has reaffirmed its unwavering commitment to peace, justice, and the rule of international law,” pointed out Amanulla, who has been a Qatar resident for the last 31 years.

C.V.Rappai, prominent Indian entrepreneur and a long-time resident, has condemned the Israeli aggression on Qatar, terming it “totally unacceptable”.Qatar has been working very hard as a mediator to find a peaceful solution to the crisis in Gaza.“I have been in Qatar for the last 45 years. Qatar is very peaceful and among the most peaceful countries in the world. The aggression on Qatar is totally unacceptable. I hope countries around the world will protest the flagrant violation of Qatar’s sovereignty and a blatant breach of international laws and norms,” Rappai said.

Qatar is expected to run a budget surplus of QR14.1bn (1.7% of GDP) this year and see the surplus more than tripling in 2026, on LNG production boost, according to researcher Oxford Economics. In its latest ‘Qatar Economic Forecast’, Oxford Economics said its “energy price forecasts are little changed, with Brent oil at $70 per barrel for this year and $64 for 2026.” “We keep our 2025 GDP growth forecast at 2.7%. This comes on the back of a strong start to the year, with recently reported GDP data showing growth of 3.7% y/y in Q1. The non-energy sector's GDP registered growth of 5.3%, while the energy sector grew by 1%,” noted Oxford Economics in its report authored by Maya Senussi, Lead Economist. “We anticipate GDP growth will nearly double in 2026-2027, with the energy and non-energy sectors contributing positively this year and beyond. We anticipate no noticeable direct impact on Qatar from US tariffs as the US is the destination for less than 2% of Qatar's goods exports. That said, we think the trade-related uncertainty will continue to be a headwind against global demand,” Oxford Economics said. Last year, the authorities doubled down on the North Field gas expansion project, which will have a positive medium-term impact. Qatar raised its liquefied natural gas (LNG) capacity target to 142mn tonnes per year (mtpy) by end-2030. This is up nearly 85% from the current 77mtpy, and up 13% on the intermediate target of 126mtpy by 2027. The first production boost will come from the North Field East project by mid-2026, followed by the North Field South phase of the expansion. The North Field West phase is in its early stages, with construction likely to begin in 2027. The latest monthly report from the Gas Exporting Countries Forum (GECF) showed Qatar's LNG production trends supported an increase in exports in July. Qatar continues to make progress in selling its future gas output. The government has signed long-term supply contracts with India, China, France, Germany, Hungary, Kuwait, and Taiwan, and is negotiating a deal with Japan. According to Oxford Economics, Qatar isn't involved in the OPEC+ pact on production quotas and its oil output has been relatively flat in recent years, at around 600,000 barrels per day (bpd). “We think growth in the energy sector will pick up modestly this year (following a 0.6% expansion in 2024), before rising strongly in 2026-2027,” Oxford Economics noted.

HE the Minister of State for Energy Affairs, Saad Sherida Al-Kaabi met in Doha today Mohammed al-Bashir, Energy Minister of the Syrian Arab Republic. Discussions during the meeting dealt with energy relations and cooperation between Qatar and Syria and means to enhance them.

Qatar Airways and China Southern Airlines have announced a major expansion of their codeshare partnership and an increase in frequencies between Doha and Beijing ahead of the Golden Week holiday period in China.This growth builds on the Memorandum of Understanding signed last year, reinforcing the airlines’ shared commitment to delivering greater connectivity for global travellers from China.Starting October 16, Qatar Airways will share code on China Southern’s three weekly direct flights between Beijing Daxing and Doha.Similarly, China Southern will be expanding its “CZ” code on Qatar Airways-operated flights beyond Doha to some 15 destinations across Africa, Europe, and the Middle East, including Amman, Athens, Barcelona, Cairo, Dar es Salam, Madrid, and Munich.Qatar Airways Chief Commercial Officer, Thierry Antinori said: “Qatar Airways and China Southern have established a partnership that continues to set new benchmarks in the industry. This latest expansion ensures that every Qatar Airways route to China is now accessible to China Southern Airlines’ passengers, underlining our long-term commitment to a market that is integral to our growth and connectivity. Timed with this year’s Golden Week, it provides Chinese travellers with unrivalled access through Doha to over 170 destinations across our global network via Hamad International Airport.”Qatar Airways has already placed its code on China Southern-operated flights between Guangzhou and Doha since April 2024. Building on the existing codeshares from Guangzhou and Beijing Daxing, China Southern will extend its code to flights between Doha and four major Chinese cities of Chengdu Tianfu, Chongqing, Hangzhou, and Shanghai, subject to Chinese government approvals.Beijing Daxing marks the second Chinese gateway to be served with non-stop flights operated by China Southern Airlines. Beijing also connects with Doha through Qatar Airways’ daily flight along with Xiamen Airlines’ daily flight.China Southern Airlines President and CEO Han Wensheng said: “Beijing Daxing is a cornerstone of China Southern’s international development, and the launch of new Doha services further strengthens its role alongside our existing operations from Guangzhou. Together with Qatar Airways, we are expanding opportunities for Chinese passengers to reach destinations across Europe, the Middle East, Africa and the Americas through Doha’s Hamad International Airport. This partnership underscores our commitment to building broader global access and delivering world-class service to our customers.”With this frequency increase and codeshare expansion, Qatar Airways and its two strategic partners, China Southern Airlines and Xiamen Airlines, will now offer 64 weekly flights across eight gateways in Greater China.This is one of the most extensive networks established by Qatar Airways, operated on state-of-the-art aircraft equipped with Starlink’s free-for-all Wi-Fi connectivity in the skies.Qatar Airways and China Southern Airlines will continue to cement their partnership in other areas, including cargo operations and loyalty programmes, as part of their joint commitment to build robust and sustainable partnerships which benefit travellers around the world.

Qatar’s PMI climbing to 51.9 in August indicates accelerating non-oil private sector activity in the country, according to Oxford Economics.Last month, the PMI climbed to 51.9, which Oxford Economics noted is “fuelled by the fastest job creation and employment growth in the region”.Business activity in the GCC’s non-oil private sector continued to strengthen in August, Oxford Economics said.The UAE’s PMI rose to 53.3 from July’s four-year low of 52.9, driven by faster output growth. Saudi Arabia’s PMI edged up slightly to 56.4, supported by stronger client demand and infrastructure projects.“Overall, the GCC's non-oil private sector has seen sustained expansion this year, and we expect 4% growth in the region's non-oil output this year,” Oxford Economics said.In Saudi Arabia, credit growth slowed to 15.2% y/y in August but remained well above deposit growth of 8.4%. A sharper drop in mortgage lending suggests softer real estate activity, although consumer credit stayed strong.“We expect early interest rate cuts to support credit demand, likely pushing the average loan-to-deposit ratio to a new high. This could raise liquidity concerns in the coming months, especially if deposit growth continues to lag,” Oxford Economics noted.In a recent report the researcher noted Qatar's fiscal balance is estimated to scale up to 5.4% (of country’s GDP) in 2026 from 1.8% this year.A growing fiscal balance signals improved macroeconomic stability and a stronger ability to manage government debt in the country, an analyst noted.In an indication of the country’s level of international competitiveness, Qatar’s current account will improve further reaching 18.3% of the country’s GDP in 2026, from 17.5% this year.Qatar’s real GDP growth has been forecast at 2.7% year-on-year (y-o-y) this year, rising to 4.8% in 2026.Inflation has been forecast at 0.4% this year and 2.8% in 2026.In its last country report, Oxford Economics noted Qatar’s GDP growth “will more than double” in 2026-2027, with both the energy and non-energy sectors contributing positively this year and beyond, according to Oxford Economics.

Driven by the public sector, loans disbursed by the local banks in Qatar increased by 1.1% MoM to QR1,406.9bn in July, according to QNB Financial Services (QNBFS).Total public sector loans expanded by 4.5% MoM (+9.5% on FY2024) in July.The government segment (represents 35% of public sector loans) was the main driver for the public sector gains with an expansion of 7.2% MoM (+32.7% on FY2024), while the government institutions segment (represents 61% of total public sector loans) increased by 3.3% MoM (+0.4% on FY2024).Further, the semi-government institutions segment contributed immaterially, moving up by 1.1% MoM (-0.9% compared to FY2024) during July.Total private sector loans were flat MoM (+2.6% vs. FY2024) during July with negligible contribution across all segments.Outside Qatar loans were flat MoM (and compared to year-end 2024) in July, QNBFS said in its ‘Qatar Monthly Key Banking Indicators’.Loan provisions to gross loans moved up to 4.2% MoM in July, compared to 3.9% (as of year-end 2024).Loan provisions have increased 11.8% compared to year-end 2024 as banks have been provisioning for Stage 2 and Stage 3 loans mainly emanating from contracting and real estate sectors.On a positive note, Stage 3 loans have remained stable.Loans grew by an average 5.4% over the past five years (2020-2024), QNBFS noted.Banking sector total assets remained flat MoM (+3.4% vs. year-end 2024) in July 2025 at QR2.117tn.With loans growth outpacing deposits during July 2025, the loan-to-deposit ratio (LDR) came in at 134% compared to 132% in June.Public sector deposits climbed up by 0.6% MoM (+3.4% compared to FY2024) in July.Looking at segment details, the government segment (represents 34% of public sector deposits) moved up by 1.6% MoM (+4% compared to FY2024).On the other hand, the government institutions’ (represents 54% of public sector deposits) was flat MoM (+4.1% vs. FY2024), while the semi-government institutions’ segment (represents 12% of public sector deposits) increased by 1.9% MoM (-1.6% vs. FY2024) during July 2025.Non-resident deposits contracted by 3.2% MoM (-2.2% vs. FY2024) during July 2025. Non-resident deposits as a percentage of declined from 19.2% in June 2025 to 18.7% in July 2025 (FY2025: 19.5%).Private sector deposits remained flat MoM (+2.9% compared to FY2024) in July.On the private sector front, companies and institutions was flat MoM (Flat compared to FY2024). Moreover, the consumer segment also remained flat MoM (+5.2% compared to FY2024).The overall loan book increased by 1.1% MoM in July 2025, aided by public sector loans.Qatar banking sector liquid assets to total assets stood at 31% in July compared to 32% in June, which remains in a strong position, QNBFS said.

Beyond the TarmacAn improvement in both passenger and cargo volumes in the global air transport industry during July suggests renewed economic momentum, stronger global trade, and growing travel demand clear signs of resilience and confidence in the global air transport sector.Data released by the International Air Transport Association (IATA) revealed global passenger demand measured in revenue passenger kilometres (RPKs), was up 4% in July compared to the same period in 2024.Similarly, total demand in global air cargo, measured in cargo tonne-kilometres (CTKs), rose by 5.5% in July compared to July 2024 levels.Industry analysts see increased passenger and cargo activity in July reflecting restored international mobility, expansion of route networks, and better global connectivity between markets.In the passenger segment, the July load factor was 85.5% (-0.4 ppt compared to July 2024).International demand rose 5.3% in July compared to July, 2024. Capacity was up 5.8% year-on-year, and the load factor was 85.6% (-0.4 ppt compared to July 2024).Domestic demand increased 1.8% in July compared to the same month in 2024. Capacity was up 2.3% year-on-year. The load factor was 85.2% (-0.4 ppt compared to July 2024).In the global air cargo segment, capacity, measured in available cargo tonne-kilometres (ACTK), increased by 3.9% compared to July 2024 (+4.5% for international operations).IATA Director General Willie Walsh noted, “Air cargo demand grew 5.5% in July, a strong result. Most major trade lanes reported growth, with one significant exception: Asia–North America, where demand was down 1.0% year-on-year.“A sharp decline in e-commerce, as the US 'de minimis' exemptions on small shipments expired, was likely offset by shippers frontloading goods in advance of rising tariffs for imports to the US. August will likely reveal more clearly the impact of shifting US trade policies.“While much attention is rightly being focused on developments in markets connected to the US, it is important to keep a broad perspective on the global network. A fifth of air cargo travels on the Europe–Asia trade lane, which marked 29 months of consecutive expansion with 13.5% year-on-year growth in July.”According to IATA, several factors in the operating environment should be noted.First, the global goods trade grew by 3.1% year-on-year in June.The July jet fuel price was 9.1% lower year-on-year and has remained below 2024 levels so far this year, easing airlines’ operating costs. However, it was 4.3% higher than in June.Global manufacturing contracted in July with the PMI falling to 49.66, the second dip below the 50-mark growth threshold since January.Also, new export orders also remained negative at 48.2 for the fourth month, reflecting waning confidence amid US trade policy uncertainty.“It has been a good northern summer season for airlines. Momentum has grown over the peak season with July demand reaching 4% growth. That trend appears across all regions and is particularly evident for international travel, which strengthened from 3.9% growth in June to 5.3% in July. Moreover, with flight volumes showing a 2% year-on-year increase for September after five months of decelerating growth, airlines are positioned to take advantage of this market momentum into the coming months,” Walsh noted.Rising cargo volumes typically reflect growth in international trade, manufacturing, and supply chain demand. Passenger growth points to higher consumer confidence, business travel recovery, and robust tourism.July is usually a peak travel season in the Northern Hemisphere, but stronger-than-usual growth suggests that the industry may be moving beyond past slowdowns triggered by pandemic aftereffects, geopolitical disruptions, or supply chain constraints.Sustained improvements in both segments signal that stakeholders (governments, investors, airports, and logistics firms) see the industry on a stable growth trajectory, supporting investment and fleet expansion.Clearly, the improvement in passenger and cargo volumes in July highlights a rebound in the global air transport industry. Higher passenger traffic reflects strong travel demand, while increased cargo volumes point to healthy global trade flows.The dual rise in passengers and cargo confirms that the industry is on a path of resilience and long-term growth, supported by both consumer demand and global economic activity.Together, they indicate renewed economic momentum, rising consumer and business confidence, and a continued recovery in international connectivity.

The total assets of commercial banks in Qatar scaled up 6.5% to QR2.12tn in July this year compared to the same period in 2024, according to latest data issued by the Qatar Central Bank (QCB).Total domestic deposits with local banks rose 2.3% to QR852.3bn in July compared to the same period last year. Total credit disbursed by the local banks totalled QR1.34tn in July, up 5.5% on the same period in 2024. Broad money supply (M2) increased by 1.7% to QR739.5bn in July, compared to the same period in 2024, the QCB noted. M2 is an estimate of liquid assets, including cash on hand, money deposited in checking accounts, savings accounts, and other short-term saving vehicles such as money market funds and certificates of deposit.An increase in the country's bank assets, deposits, and credit indicates a growing banking sector, which clearly suggests an expansion of the money supply and increased economic activity. A healthy banking sector with growing assets and credit improve access to capital for businesses and households, facilitating their growth and development.

The total assets of commercial banks in Qatar scale up 6.5% to QR2.12 trillion in July this year compared to the same period in 2024, latest data issued by Qatar Central Bank (QCB) reveal.Total domestic deposits with local banks rose 2.3% to QR852.3 billion in July compared to to the same period last year.Total credit disbursed by the local banks totalled QR1.34 trillion in July, up 5.5% on the same period in 2024.Broad money supply (M2) increased by 1.7% to QR739.5 billion in July, compared to the same period in 2024, QCB noted.M2 is an estimate of liquid assets, including cash on hand, money deposited in checking accounts, savings accounts, and other short-term saving vehicles such as money market funds and certificates of deposit.

QatarEnergy continues to grow its LNG portfolio by expanding production capacity while reducing carbon intensity.Putting sustainability into practice, QatarEnergy continues to invest in advanced LNG vessels. The energy major has already ordered a fleet of 128 new LNG vessels, designed with the latest technologies, QatarEnergy noted in its 2024 Sustainability Report.“We aim to achieve a capacity of 160 MTPY post-2030, solidifying our role as a major provider of cleaner energy solutions globally. This capacity target includes the North Field West Expansion Project announced by QatarEnergy in 2024,” QatarEnergy noted.Advanced energy-efficient technologies and carbon capture systems are being integrated into new LNG facilities, alongside ongoing improvements in existing operations to reduce emissions and flaring.As part of QatarEnergy’s ongoing commitment to sustainability and reducing the environmental impact of its operations, it has taken a significant step forward by ordering a fleet of 128 new LNG vessels, designed with the latest technologies that will enhance operational efficiency while minimising environmental impacts.The new fleet will be equipped with highly efficient dual-fuel engines, advanced hull designs, and underwater coatings to reduce resistance, optimise fuel consumption, and significantly decrease emissions.The new LNG vessels will feature dual-fuel engines, enabling them to operate on both LNG and conventional marine fuels. This flexibility allows for a significant reduction in GHG emissions compared to traditional fuel sources. LNG, being a cleaner alternative, helps lower CO2 emissions, while the vessels’ efficient engine systems minimise NOx and SOx emissions.Additionally, the advanced hull design and underwater coatings will reduce drag and resistance, enabling smoother voyages with less fuel consumption and, consequently, fewer emissions.Another standout feature of these vessels is the air lubrication system. This technology creates a thin layer of bubbles beneath the hull, effectively reducing friction between the vessel and the water, which in turn lowers fuel consumption and further reduces emissions.“By optimising fuel efficiency through this cutting-edge technology, the new LNG vessels will not only help to reduce the operational carbon footprint but also enhance fuel savings,” QatarEnergy noted.

QatarEnergy continues to grow its LNG portfolio by expanding production capacity while reducing carbon intensity.Putting sustainability into practice, QatarEnergy continues to invest in advanced LNG vessels. The energy major has already ordered a fleet of 128 new LNG vessels, designed with the latest technologies, QatarEnergy noted in its 2024 Sustainability Report.“We aim to achieve a capacity of 160 MTPY post-2030, solidifying our role as a major provider of cleaner energy solutions globally. This capacity target includes the North Field West Expansion Project announced by QatarEnergy in 2024,” QatarEnergy noted.Advanced energy-efficient technologies and carbon capture systems are being integrated into new LNG facilities, alongside ongoing improvements in existing operations to reduce emissions and flaring.As part of QatarEnergy’s ongoing commitment to sustainability and reducing the environmental impact of its operations, it has taken a significant step forward by ordering a fleet of 128 new LNG vessels, designed with the latest technologies that will enhance operational efficiency while minimising environmental impacts.The new fleet will be equipped with highly efficient dual-fuel engines, advanced hull designs, and underwater coatings to reduce resistance, optimise fuel consumption, and significantly decrease emissions.The new LNG vessels will feature dual-fuel engines, enabling them to operate on both LNG and conventional marine fuels. This flexibility allows for a significant reduction in GHG emissions compared to traditional fuel sources. LNG, being a cleaner alternative, helps lower CO2 emissions, while the vessels’ efficient engine systems minimise NOx and SOx emissions.Additionally, the advanced hull design and underwater coatings will reduce drag and resistance, enabling smoother voyages with less fuel consumption and, consequently, fewer emissions.Another standout feature of these vessels is the air lubrication system. This technology creates a thin layer of bubbles beneath the hull, effectively reducing friction between the vessel and the water, which in turn lowers fuel consumption and further reduces emissions.“By optimising fuel efficiency through this cutting-edge technology, the new LNG vessels will not only help to reduce the operational carbon footprint but also enhance fuel savings,” QatarEnergy noted.

QatarEnergy’s existing facilities have already captured and successfully stored around 7.5mn tonnes of CO2 since 2019, according to HE the Minister of State for Energy Affairs, Saad bin Sherida al-Kaabi.“All our LNG expansion projects will deploy carbon capture and storage (CCS) technologies, aiming to capture over 11MTPY of CO2 by 2035,” noted HE al-Kaabi, also the President and CEO, QatarEnergy.“LNG remains at the core of our strategy, with ongoing projects to increase our LNG production from the current 77mn tonnes per year (MTPY) to 160 MTPY. This reinforces our position as a reliable provider of affordable lower-carbon energy,” HE al-Kaabi said in a message in the latest edition of QatarEnergy Sustainability Report.The minister noted, “Our investments span the entire LNG value chain, including a historic shipbuilding programme encompassing 128 ultra-modern, environmentally advanced ships. The fleet will enhance QatarEnergy’s capacity to meet the growing global LNG demand while reinforcing its dedication to operational excellence and sustainability.“Sustainability is central to our business strategy. We take a holistic approach that seeks to integrate environmental management, safety, social responsibility, and governance excellence across our local and global operations.”In 2024, QatarEnergy continued to advance clean energy and emission reduction projects. In November, QatarEnergy celebrated the ground breaking of the first world-scale blue ammonia project, which will produce 1.2mn tons of lower-carbon ammonia annually.Furthermore, he said, QatarEnergy aims to more than double Qatar’s urea production to over 12 MTPY, positioning the country as a leading global exporter and contributing to global food security.QatarEnergy is prioritising solar energy aiming to reach 4,000 megawatts (MW) of solar power capacity by 2030.In 2024, QatarEnergy announced the Dukhan solar power project with 2,000MW of capacity and joined a 1,250MW solar project in Iraq.In 2025, the Ras Laffan and Mesaieed solar power plants will add a combined 875MW to Qatar’s solar power generation capacity, joining Al-Kharsaah’s 800MW.As part of its ongoing commitment to reduce its environmental impact, QatarEnergy is setting new sector-specific targets to reduce GHG emissions intensity of our downstream assets – petrochemicals, metals, and fertiliser facilities – by 10 to 15% by 2035.These targets build on QatarEnergy’s sustainability strategy and complement its previously announced upstream and LNG facilities intensity targets.QatarEnergy emphasises collaboration for progress through the Tawteen program, aiming to strengthen the local supply chain and foster sustainability-driven innovation and economic development.Since its creation in 2018, this unique programme has generated more than 100 investment opportunities.In 2024 alone, 29 opportunities were awarded, including four related to sustainability.Safety remains a foundational top priority for QatarEnergy, the minister emphasised. In 2024, QatarEnergy maintained zero fatalities for the third consecutive year and continued to focus on empowering its workforce.Creating lasting value through corporate social responsibility programmes, QatarEnergy continues to address social and environmental challenges, reducing its environmental footprint, and fostering inclusive growth.“These achievements were made possible by the dedication of our employees, the trust of our stakeholders, and the support of our partners, for which we are grateful. I look forward to working together to build a more sustainable future for all.“I would like to express our deepest gratitude to His Highness Sheikh Tamim bin Hamad al-Thani, the Amir of the State of Qatar, for his vision, guidance, and unlimited support,” the minister noted.

Qatar is one of the largest investors in Germany, with investments exceeding €25bn across key sectors such as the automotive industry, telecommunications, hospitality, and banking, noted Qatar Chamber Chairman Sheikh Khalifa bin Jassim al-Thani.Bilateral trade between the two countries, he said, exceeded QR6bn last year, compared to QR 7.1bn in 2023, Sheikh Khalifa said while addressing the Qatar-German Business Meet yesterday.“Germany is not only a global economic powerhouse but also a highly valued partner of Qatar,” he said.Sheikh Khalifa emphasised the pivotal role of German companies operating in Qatar in supporting the country’s path toward industrial development and technological advancement.The Qatar-German Business Meet, which was held at the Chamber’s headquarters was attended among others by Silvio Conrad, CEO, TUV NORD Group, Hans-Udo Muzel, German Ambassador.Sheikh Khalifa stressed that Qatar continues to move forward in building a diversified and sustainable economy rooted in knowledge and innovation, thereby reinforcing its position as a global investment destination in line with Qatar National Vision 2030.He also underscored the private sector’s role as a key driver of this transformation and a vital partner in achieving comprehensive development.The QC Chairman pointed out that Qatar has become a preferred global investment destination thanks to the directives of HH the Amir, Sheikh Tamim bin Hamad al-Thani and the government’s clear vision to expand the industrial base.This is supported by an enabling legislative framework, advanced infrastructure, designated industrial zones, and a sophisticated transport network.He further highlighted the promising prospects for cooperation in numerous sectors, including energy and renewable resources, sustainable infrastructure, logistics, education, smart technologies, pharmaceuticals, and others.Conrad said Germany and Qatar are bound by strong and long-term relations. He noted that the German Near and Middle East Association (NUMOV) has many partners across the Middle East, including in Qatar, which opens the door for further cooperation, particularly in the technology sector.The delegation included a number of leading German companies in IT, AI, telecommunications, energy, and resources.He affirmed that German companies are eager to explore new areas to expand their relations in the region and to strengthen economic ties with the Qatari private sector.Muzel underscored the depth of German-Qatari relations and noted that Qatar is one of the largest investors in Germany, a fact that opens wider horizons for cooperation and partnerships between the business communities of both countries.The German Near and Middle East Association (NUMOV) is Germany’s oldest and leading organization dedicated to fostering economic relations between Germany and the countries of the Near and Middle East.Since its foundation more than 90 years ago, NUMOV works to strengthen trade and investment ties by organizing business forums, conferences, and delegations, while providing valuable economic insights and market information.The association brings together a wide network of German companies across diverse sectors, including energy, technology, infrastructure, finance, and transport, thereby serving as a vital platform for enhancing German-Middle Eastern economic cooperation.

Qatar’s GDP growth will more than double in 2026-2027, with both the energy and non-energy sectors contributing positively this year and beyond, according to Oxford Economics.The researcher’s 2025 GDP growth forecast is unchanged at 2.4%, similar to the pace of expansion last year. However, trade-related uncertainty will remain a headwind to global demand, it said in a country report.Oxford Economics thinks growth in Qatar’s energy sector will remain modest this year, following a 0.6% expansion in 2024, before picking up strongly in 2026-2027.According to Oxford Economics, Qatar isn't involved in the OPEC+ pact on production quotas and its oil output has been relatively flat in recent years, at around 600,000 barrels per day.Last year, the authorities doubled down on the North Field gas expansion project, which will have a positive medium-term impact. Qatar raised its liquefied natural gas capacity target to 142mn tonnes per year by end-2030.This is up nearly 85% from the current 77mtpy, and up 13% on the intermediate target of 126mtpy by 2027. The first production boost will come from the North Field East project by mid-2026, followed by the North Field South phase of the expansion.The North Field West phase is in its early stages, with construction likely to begin in 2027.Qatar is also making progress in contracting future gas output. The government has signed long-term supply contracts with India, China, France, Germany, Hungary, Kuwait, and Taiwan, and is negotiating a deal with Japan.Output data (reported in April this year) showed the non-energy economy expanded by 3.4% last year, and the researcher projects the same pace of growth in 2025.The 2025 budget targets a deficit of QR13.2bn (1.6% of projected GDP). The authorities plan to raise spending by 4.6% relative to last year's budget and 1.2% relative to realised expenditure, with a strong focus on development in education and healthcare. The bill assumes an average oil price of $60/barrel.It projects a surplus of QR23bn (2.8% of GDP), larger than the surplus of QAR5.6bn (0.7% of GDP) realised in 2024. The researcher sees the balance improving to 5.7% of GDP next year amid the LNG production boost.Oxford Economics also noted tourism has provided significant support to non- energy growth and will remain a driver of future activity and employment.Qatar welcomed 5.1mn overnight arrivals in 2024, a 25% increase on 2023 and 138% higher than 2019 levels. The launch of the pan-GCC visa will likely help extend the positive performance and we forecast arrivals to increase to 5.3mn this year, it said.

National Cyber Security Agency (NCSA) announced that QIIB has become the first bank in Qatar to be awarded the National Information Assurance (NIA) certificate.The bank successfully achieved the electronic compliance certificate for NIA certification number 10023.QIIB is now officially listed as a certified entity on the NCSA's website.QIIB Chief Executive Officer Dr Abdulbasit Ahmad al-Shaibei stated, “Receiving the first NIA certification in the banking sector in Qatar marks a pivotal milestone in the journey of our institution and reaffirms our position as a pioneer in adopting the highest standards of cybersecurity.“This achievement was made possible through the constructive collaboration with the National Cyber Security Agency (NCSA) and the supervisory authorities, most notably the Qatar Central Bank.”“This certification is a clear testament to our strict adherence to advanced information security practices and reflects our alignment with the national cybersecurity strategy of the State of Qatar. It further strengthens our clients’ confidence in the security and reliability of our digital banking services.”He further noted: “We extend our sincere gratitude and appreciation to the National Cyber Security Agency (NCSA) for its continuous support and valuable guidance throughout this certification process. Their role has been instrumental in helping us reach this remarkable milestone.”“With this certification, we reaffirm our commitment to investing in the latest cybersecurity solutions and technologies to ensure highly secure and resilient digital banking services. This reflects our dedication to meeting our clients’ expectations while contributing to the national efforts of building a safe and integrated digital ecosystem in Qatar,” al-Shaibei added.NCSA emphasised the importance of compliance with the National Information Assurance (NIA) Standard as it contributes to the protection of national information assets and strengthens the cybersecurity posture across sectors.NCSA said it looks forward to other banks and financial institutions, government entities and organisations within critical sectors obtaining the National Information Assurance (NIA) Certification, which will fundamentally enhance and contribute to raising the level of cyber resilience across the nation.