How Qatar Became a Global Leader in the Gas Industry in Just a Few Years

Since 1995, Qatar has undergone a major economic transformation, shifting from reliance on oil to becoming one of the world's largest producers of liquefied natural gas. Led by the former Emir Sheikh Hamad bin Khalifa Al Thani, the country was able to develop an advanced industrial network that includes the North Field, the largest natural gas field in the world, and Ras Laffan Port, which is the largest globally. This led to rapid economic growth, with gross domestic product increasing from $8 billion in 1995 to about $201 billion in 2013, registering some of the highest growth rates worldwide. As a result, Qatar became one of the fastest-growing economies in the world.

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