Skip to main content

Qatari oil, gas exports up 100% in 2022

Qatar is working to export more gas to Europe in response to the Russian invasion of Ukraine.
David Hecker/Getty Images

Qatar’s energy exports are significantly higher than they were last year. 

Qatari exports of petroleum gases and other hydrocarbons such as liquified natural gas amounted to $9.2 billion in August of this year, an increase of 100.6%, the official Qatar News Agency reports.

Why it matters: The increase comes as Qatar is working to export more gas to Europe, as countries on the continent want to reduce their dependence on Russian gas due to the war in Ukraine. The issue is particularly pressing at the moment due to the upcoming European winter, when people depend on gas for heat. 

Qatar is reportedly close to a long-term deal to export liquified natural gas to Germany

Qatar is one of the biggest natural gas producers in the world, along with the United States, Russia, Australia and some others. 

Qatari gas exports to Europe began increasing earlier this year. The Gulf state’s liquified natural gas exports to European Union member states roughly doubled from March to April of 2022, according to Statista. The Russian invasion of Ukraine began in February. 

Know more: Qatar is not the only Gulf country seeking to boost gas exports to Europe. The United Arab Emirates also recently signed a gas supply deal with Germany

Join hundreds of Middle East professionals with Al-Monitor PRO.

Business and policy professionals use PRO to monitor the regional economy and improve their reports, memos and presentations. Try it for free and cancel anytime.

Free

The Middle East's Best Newsletters

Join over 50,000 readers who access our journalists dedicated newsletters, covering the top political, security, business and tech issues across the region each week.
Delivered straight to your inbox.

Free

What's included:
Our Expertise

Free newsletters available:

  • The Takeaway & Week in Review
  • Middle East Minute (AM)
  • Daily Briefing (PM)
  • Business & Tech Briefing
  • Security Briefing
  • Gulf Briefing
  • Israel Briefing
  • Palestine Briefing
  • Turkey Briefing
  • Iraq Briefing
Expert

Premium Membership

Join the Middle East's most notable experts for premium memos, trend reports, live video Q&A, and intimate in-person events, each detailing exclusive insights on business and geopolitical trends shaping the region.

$25.00 / month
billed annually

Become Member Start with 1-week free trial

We also offer team plans. Please send an email to pro.support@al-monitor.com and we'll onboard your team.

What's included:
Our Expertise AI-driven

Memos - premium analytical writing: actionable insights on markets and geopolitics.

Live Video Q&A - Hear from our top journalists and regional experts.

Special Events - Intimate in-person events with business & political VIPs.

Trend Reports - Deep dive analysis on market updates.

All premium Industry Newsletters - Monitor the Middle East's most important industries. Prioritize your target industries for weekly review:

  • Capital Markets & Private Equity
  • Venture Capital & Startups
  • Green Energy
  • Supply Chain
  • Sustainable Development
  • Leading Edge Technology
  • Oil & Gas
  • Real Estate & Construction
  • Banking

Start your PRO membership today.

Join the Middle East's top business and policy professionals to access exclusive PRO insights today.

Join Al-Monitor PRO Start with 1-week free trial