Qatar’s utilities and industries will get a fillip with Barzan Gas Plant meeting the energy needs of local power generation and water desalinisation facilities. 
His Highness the Amir Sheikh Tamim bin Hamad al-Thani inaugurated the Barzan Gas Plant at Ras Laffan Industrial City on March 15.
The Barzan Gas Plant, which is operated by Qatargas on behalf of its shareholders – QatarEnergy (93%) and ExxonMobil (7%), is capable of producing almost 1.4bn standard cubic feet of sales gas per day, processing natural gas from the North Field, which is the largest non-associated natural gas field in the world.
It will also produce associated hydrocarbon products for supply to local refinery and petrochemical industries as well as for export to international markets.
This includes 2,000 tonnes of ethane per day as feedstock for the local petrochemicals industry; 1,500 tonnes per day of liquid petroleum gas (LPG) for export to international markets; 30,000 barrels of condensate per day for processing in the Laffan Refinery and export to international markets; and 3,500 tonnes of sulphur per day for export to international markets.
Qatar has been witnessing rapid economic development over the years and is among the best performing economies in the entire Middle East and North African (Mena) region.  
The International Monetary Fund (IMF) expects the North Field LNG expansion project to support growth prospects and further strengthen fiscal and external positions over the medium-term.
The IMF report underlined that the economic recovery in Qatar is gaining strength on the back of rebounding domestic demand, higher hydrocarbon prices, and the preparation for the 2022 FIFA World Cup.
The banking sector remains well-capitalised and liquid, with non-performing loans (NPLs) at relatively low levels.
The IMF noted that Qatar has made commendable progress in advancing structural reforms during the pandemic.
Various reforms Qatar introduced will boost foreign and private investment and improve productivity and competitiveness, IMF said and noted the recently launched National Environment and Climate Change Strategy envisages a 25% reduction of trend greenhouse gas emissions by 2030.
The strong reform momentum should continue to improve productivity and inclusiveness, further enhance the business environment and attract private investment, and embrace new global trends, such as digitalisation and green growth.
Qatar’s economy is expected to grow 4.8% this year and 4.9% in 2023, the World Bank said in its latest forecast.
Qatar’s GDP growth next year will be the GCC’s best, the forecast has shown.
HE the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi noted, “With the Barzan Plant’s various products, we have achieved our important objective of the optimal exploitation of our resources from the North Field, and provided the energy needed for electricity production and water desalination, in addition to the large development projects in the country, including the facilities for hosting the 2022 FIFA World Cup and other strategic projects.”
Clearly, Barzan is one of the most important energy projects in Qatar, which adds a high and qualitative value in the effort to meet our domestic natural gas needs, and in supporting Qatar’s comprehensive development and economic growth.