The State of Qatar attaches great attention to industry and energy in particular because it is the backbone of the country's infrastructure and the primary source of national income.
The most important strategic goals of Qatar in the industrial field are to expand and optimize the utilization of the added value of the country's natural resources, besides diversifying the sources of income, especially from the industry in its capacity as the second mainstay of the Qatari economy; increasing the ratio of contribution of manufacturing industries in the gross domestic product (GDP); creating and spreading an industrial culture; accelerating the driving force behind sustainable development; upholding self-reliance and grasping the modern scientific and technological advances to increase the potential for competition and adaptation to the requirements of the export market.
The state encourages the investment of savings and surplus financial resources of the private sector in the stocks of the new industrial projects and privatizes part of its national basic industries to open more avenues for private investments in the industrial field. Since His Highness Sheikh Hamad Bin Khalifa Al-Thani assumed power, Qatar's industry sector has made tremendous and unprecedented leaps. These were made through pilot projects at regional and international levels in oil and gas industry, and in major industrial cities established during H.H reign.
Qatar seeks to develop its daily production capacity of crude oil, natural gas and gas-associated condensates to about one million barrel, 12 billion cubic feet and half a million barrels, respectively. It plans to raise the annual production capacity of liquefied natural gas (LNG) from the current level of 13 million tons to about 77 million tons. It has also been decided that the output capacity of the three-train natural gas liquids complex be raised by adding a fourth and a fifth trains.