Qatar’s natural gas production expected to rise 70% by 2050
The Peninsula
Doha, Qatar: Qatar has achieved an impressive increase in its natural gas production, surpassing five fold growth over the past two decades. The count...
Doha, Qatar: Qatar has achieved an impressive increase in its natural gas production, surpassing five-fold growth over the past two decades. The country is now on a trajectory to significantly boost its natural gas production with an anticipated 70 percent increase by 2050, according to the 8th edition of Gas Exporting Countries Forum (GECF) Global Gas Outlook 2050.
This substantial rise is expected to be spearheaded by two massive expansions in the world’s largest natural gas field, the North Field. The outlook takes into account the commencement of the North Field East and North Field South expansions, scheduled for 2026 and 2028, respectively.
Qatar is actively investing in eco-friendly measures to reduce its carbon footprint. These initiatives include a focus on carbon capture and storage, as well as efforts to reduce methane emissions.
The major natural gas producing regions, Eurasia and the Middle East are projected to observe high growth leading to a staggering share of 43.2 percent of global gas production in 2050. Considering the expected high growth in Africa, driven mainly by offshore natural gas production, the three regions are set to hold the majority of natural gas production, accounting for 53.6 percent of global gas supply.
The growth in natural gas production within the region is expected to be primarily driven by non associated conventional gas projects, particularly in Iran, Qatar, Saudi Arabia, and the UAE.