Category: Economy



Doha, 01 June 2023 QatarEnergy’s LNG trading arm, QatarEnergy Trading, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) to supply about 1.8 million tons per annum (MTPA) of LNG to Bangladesh for 15 years, starting in 2026. The SPA signing at ... Read More
June 2, 2023M Ashraf Siddiqui


28 May 2023 The Secretary General of the Gas Exporting Countries Forum (GECF), Eng. Mohamed Hamel, held a virtual meeting today with Ahmed Mohamed Alkaabi, Assistant Undersecretary for Electricity, Water, and Future Energy at the Ministry of Energy and Infrastructure of the United Arab Emirates. They discussed the current state of energy ... Read More
May 29, 2023M Ashraf Siddiqui


Doha, 21 May 2023 Introduction Africa is projected to experience significant population growth, rising from around 1.4 billion to close to 2.5 billion by 2050, according to the 7th edition of the GECF Global Gas Outlook 2050. This, along with rural-urban migration, primarily by the youth population in search of better career ... Read More
May 21, 2023M Ashraf Siddiqui


Doha, 16 May 2023 QatarEnergy announces the award of the engineering, procurement, and construction (EPC) contract for the North Field South (NFS) project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA). NFS, together with the North Field East (NFE) project, will increase Qatar’s ... Read More
May 16, 2023M Ashraf Siddiqui


London, 26 April 2023 (Anadolu News) Strong support programs in major economies, a new report from the International Energy Agency (IEA) said Wednesday. The IEA's annual Global Electric Vehicle Outlook report showed that more than 10 million electric cars were sold worldwide in 2022, a record increase of 55% compared to the ... Read More
April 26, 2023M Ashraf Siddiqui


Doha, 13 April 2023 (QT) Prime Minister and Minister of Foreign Affairs of State of Qatar, Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani has said that economic initiatives will come one after the other so that there will be an incentive for citizens to find opportunities in the private sector ... Read More
April 13, 2023M Ashraf Siddiqui


Doha, 12 April QatarEnergy has announced the signing of a definitive partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field East (NFE) expansion project, the largest project in the history of the LNG industry. The agreement was signed by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the ... Read More
April 12, 2023M Ashraf Siddiqui
Pic Roundtable QFC-ILO


Doha, 06 April 2023 The Employment Standards Office (ESO) of theQatar Financial Centre (QFC), a leading onshore financial and business centre in the region, partnered with the International Labour Organization (ILO) Project Office in Qatar to organise a roundtable on promoting decent labour standards in the supply chain through prudent procurement ... Read More
April 6, 2023M Ashraf Siddiqui


Beijing / Islamabad, 02 April 2023 (APP) The Khunjerab Pass, a major trade route between Pakistan and China was opened after a closure of almost three years in wake of Covid-19 pandemic. The pass that connects Gilgit-Baltistan with China’s Xinjiang Uyghur Autonomous region was closed in the year 2020 after spread of ... Read More
April 2, 2023M Ashraf Siddiqui


Shenzhen, China, March 31, 2023 Huawei year 2022 report reveals  company's operation as steady, sustainable survival and development during the whole year. Huawei generated USD 92.37 billion in revenue and USD 5.12 billion in net profits. Huawei continues to strengthen investment in R&D, with an annual expenditure of USD 23.22 billion in ... Read More
April 1, 2023M Ashraf Siddiqui