Qatar has the third largest gas reserve in the world

LNG Intelligence – Qatar has the third largest reserves in the world of natural gas after Russia and Iran, is planning to export 77 million tons of gas by 2012, focusing on the development and exploitation of the North Field gas reserves are estimated global fixed at about 380 trillion cubic feet of natural gas in order to export gas to the global market in tubes essential.

It is estimated that the sales of liquefied natural gas, about 40 million tons annually by 2010. Qatar has been held earlier in the preliminary discussions on the sale of liquefied gas of the Group (CNOC), which is the largest Chinese producer of oil from offshore fields.