Qatar's firm policy in the economic sphere is to diversify income sources and stabilize economic growth through optimizing the utilization of its natural resources and enhancing the development of the north gas field and petrochemical, steel and refining industries. The state has succeeded in a record time in establishing and operating a massive industrial base; and has thus become a major world producer and supplier of liquefied natural gas and other petroleum products. This status has considerably increased the country's income and helped further its social and economic structure development.
Qatar has achieved the highest quality standards in performance and cost reduction on a par with similar industries in the industrially developed countries.