QatarEnergy
Qatari state-owned oil company / From Wikipedia, the free encyclopedia
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QatarEnergy (Arabic: قطر للطاقة), formerly Qatar Petroleum (QP),[2] is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President & CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018[update] it was the third largest oil company in the world by oil and gas reserves.[3] In 2022, the company had total revenues of US$52bn, a net income of US42.4bn,[4] and total assets of US$162bn.[5] In 2021, QatarEnergy was the fifth largest gas company in the world.[6]
Company type | State-owned enterprise |
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Industry | Oil and gas |
Founded | 1974 |
Headquarters | , |
Key people | Saad Sherida al-Kaabi (Minister of State for Energy Affairs, President & CEO)[1] |
Products | Liquefied natural gas (LNG) Petrochemicals Gas to liquids (GTL) Helium Fertilizers Steel Aluminum |
Revenue | US$52 billion (2022) |
US$42.4 billion (2022) | |
Total assets | US$162 billion (2022) |
Owner | Government of Qatar |
Subsidiaries | QatarEnergy LNG Industries Qatar QAPCO Gulf International Services QChem |
Website | www |