Smart Ideas: Resources Revisited

US Investment – Qatar’s New Venture Plans to Maintain Country’s Wealth

Many people are quite aware of the fact that Qatar is considered as one of the wealthiest countries in the world with a significantly high levels of natural gas reserves. If your country is one those that relies heavily in natural gas then here’s a good news, Qatar has approximately 15 billion barrels of oil that is projected to supply similar amount of natural gas for the next 23 years. But of course, the latter is just one aspect that makes the economy of Qatar promising, many might not be aware about it but the country actually have huge investments in Great Britain for about ?35 billion and it is expected to invest another ?5 billion in UK’s energy resources, IT sector, and establishments for the coming years.

The bond that Qatar and UK has is quite deep since the QIA or widely known as Qatar Investment Authority owns an approximate of 20{577a7fc6aa2694c29f4a1405aa2ea0970408bc5317bead181656ff025902b075} in one of London’s international airports while the Qatar Airways is a major stockholder in British Airways since 2016. Another plus factor is the fact that Qataris pay greater amount for a bottle of water compared to purchasing gas but despite the country’s great wealth they tend to be prudent with money matters. There was a survey conducted which reveals that most Qatar-based business owners go for cheaper or free services even if they can afford those expensive ones. A perfect example for this one is the fact that they tend to use online free letterhead maker rather than purchase pricey software.

Moreover, Qatar is also the major supplier for the liquid natural gas needed by UK. This creates a significant impact in Qatar’s economy since more the 1/4 of UK’s fuel imports are in a form of natural gas. Since Qatar is lies in the South Pars Field, this is another factor that contributes to its booming economy, the said place is known as one of the sources of natural gas. Although there is good oil output in a yearly basis still many people shows inclination towards conservative strategies to promote sustainability in the years to come.

The investment that Qatar has made up to this day and for the next five years is almost ?1 billion each year however the returns are quite minimal compared to the past years and so the country needs to deal with new investment plans. One of the new investment ventures that they intent to go is making an approximately $35 billion worth of investment in US, this is quite a risk but surely a worth it endeavor.

Even if Qatar is seen as one of the wealthiest countries in the world, the country needs employ feasible steps that will keep their country’s wealth and status high more importantly that people are drastically shifting to renewable energy sources.

Refer to: look what i found