QatarEnergy

QatarEnergy
Company type	State-owned enterprise
Industry	Oil and gas
Founded	1974
Headquarters	Doha, Qatar
Key people	Sh. Abdullah bin Hamad Al Thani (chairman); Saad Sherida al-Kaabi (president & CEO);
Products	Liquefied natural gas (LNG); Petrochemicals; Gas to liquids (GTL); Helium; Fertilizers; Steel; Aluminum
Revenue	US$52 billion (2022)
Net income	US$42.4 billion (2022)
Total assets	US$162 billion (2022)
Owner	Government of Qatar
Subsidiaries	QatarEnergy LNG; Industries Qatar; QAPCO; Gulf International Services; QChem
Website	www.qatarenergy.qa

QatarEnergy (Arabic: قطر للطاقة), formerly Qatar Petroleum (QP),^[1] is a state owned petroleum company of Qatar. The company operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. The President and CEO is Saad Sherida al-Kaabi, Minister of State for Energy Affairs. The company's operations are directly linked with state planning agencies, regulatory authorities, and policy making bodies. Together, revenues from oil and natural gas amount to 60% of the country's GDP. As of 2018^[update] it was the third largest oil company in the world by oil and gas reserves.^[2] In 2022, the company had total revenues of US$52 billion, a net income of US42.4bn,^[3] and total assets of US$162 billion.^[4] In 2021, QatarEnergy was the fifth largest gas company in the world.^[5]

^ "Qatar Petroleum changes name to Qatar Energy signalling new strategy". Reuters. 11 October 2021. Retrieved 11 October 2021.
^ "Qatar Petroleum to participate in Oman's largest oil and gas event". www.zawya.com. Retrieved 30 March 2023.
^ "Qatar Energy's 2022 profit surges to $42.5 billion". Reuters. 18 July 2023. Retrieved 20 July 2023.
^ "Summary Consolidated Financial Statements" (PDF). QatarEnergy. Retrieved 20 July 2023.
^ "Russian oil and gas: headed for long-term decline?". Financial Times. 7 June 2022. Retrieved 14 June 2022.

[1] "Qatar Petroleum changes name to Qatar Energy signalling new strategy". Reuters. 11 October 2021. Retrieved 11 October 2021.

[2] "Qatar Petroleum to participate in Oman's largest oil and gas event". www.zawya.com. Retrieved 30 March 2023.

[3] "Qatar Energy's 2022 profit surges to $42.5 billion". Reuters. 18 July 2023. Retrieved 20 July 2023.

[4] "Summary Consolidated Financial Statements" (PDF). QatarEnergy. Retrieved 20 July 2023.

[5] "Russian oil and gas: headed for long-term decline?". Financial Times. 7 June 2022. Retrieved 14 June 2022.

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