"Eighty years after oil was first discovered in Qatar, a small nation often ignored in favor of its richer and larger Gulf neighbors, it is now an energy behemoth exporting vast amounts of liquefied natural gas, condensates, refined products, petrochemicals, and fertilizers. The country also produces steel, iron, and aluminum and is the second-largest supplier of helium in the world. It has expanded its footprint abroad, acquiring oil and gas assets in the Middle East, Africa, the Mediterranean, and Latin America. Drawing on history, political analysis, and experience in the energy sector dating back to the 1970s, Michael Tusiani and Anne-Marie Johnson explore the reasons for Qatar's development into a global energy power. Sitting on top of one of the world's largest gas reserves was no doubt luck, but the authors argue that Qatar knew how to leverage this largesse to its best advantage. By focusing on creating the nation's own identity in the region, Qatar's leaders made what many considered to be unconventional and controversial political decisions, often setting the nation at odds with major players on the energy market. Nevertheless, these decisions paid off, placing the country in a strong position as a major global energy player despite declining oil reserves. Part historical analysis, part in-the-room reportage, this book presents an authoritative account of the development of the modern Qatari energy kingdom"--
This book explores how Qatar became a major player in the global energy market. Part historical analysis, part in-the-room narrative, it is the definitive account of oil and gas development in Qatar.
Today, Qatar is among the worlds wealthiest countries. Its rich hydrocarbon resources have transformed this small Gulf state into an energy powerhouse, funded its outsized global ambitions, and allowed it to forge an identity separate from those of its large and powerful neighbors.
Drawing on Michael D. Tusianis firsthand accounts and deep personal experience in the energy sector and Anne-Marie Johnsons years of reporting, this book explores how Qatar became a major player in the global energy market. It follows the twists and turns of Qatars road to riches, from the first interest by British and American oil companies in the 1920s to the decades it took to develop the North fieldthe worlds largest gas fieldfollowing its discovery in 1971 through the countrys emergence as one of the worlds leading exporters of liquefied natural gas (LNG) in the 2000s.
From Black Gold to Frozen Gas details the technical, financial, and political challenges involved in getting Qatars first LNG projects off the ground. It shows how, despite missteps and setbacks, the foundations of todays Qatar were laid over many decades. And it chronicles epic rivalries within the ruling Al Thani family, among oil companies, and in the geopolitics of the energy landscape.
Part historical analysis, part in-the-room narrative, From Black Gold to Frozen Gas is the definitive account of oil and gas development in Qatar.
