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Qatar in California

 

Qatar, in keeping with its aim of strengthening its relationship with the United States, plays a pivotal role in the United States’ largest economic market and state, California. The relationship between the two extends beyond the financial sphere into the fields of arts, humanities, education, entertainment, and national security.

In 2016, HH the Emir Sheikh Tamim bin Hamad Al-Thani visited California and held several meetings in Los Angeles. While on his visit, he attended a reception ceremony hosted by the Mayor of Los Angeles, Eric Garcetti, at Getty House in Los Angeles, California. Talks during the reception ceremony dealt with areas of cooperation and means of promoting and developing them as to open wider horizons of ties in future.

Additionally, Eric Garcetti, the Mayor of Los Angeles in the U.S. State of California, visited Doha, Nov. 13-17, 2016. The mayor and his accompanying delegation met with business, cultural, and government leaders to strengthen the growing partnership between the cities of L.A. and Doha. California is the U.S.’s preeminent hub for innovation in Information Technology, Software, Life Sciences and Technological research, host to the world’s leading universities. Qatar shares many of these same traits and hopes to expand the already existing relationship even further.

 

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updated – QAI Qatar California Fact Sheet March 2019
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Demystifying Iran Trade

 

Iran and Qatar have a modest trade relationship, and while the trade has garnered media attention, in the context of the rest of the Gulf Cooperation Council, Qatar’s trade volume with Iran is not extraordinary. Only 120 miles of water lie between Qatar and Iran, and both countries share the South Pars/North Dome gas field, the largest natural gas field in the world. Iran and Qatar historically have had a cooperative relationship by necessity.

 

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QAI GCC Iran Trade Fact Sheet
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Qatar’s Economic Competitiveness

 

Central to Qatar’s attractiveness as a business environment is a $200 billion government investment program focused on the four main pillars of the Qatar National Vision 2030 of economic, social, human and environmental development.

The government’s capital expenditure (Capex) program spans the period 2015-2024 and has spurred growth and business opportunities in a number of nonhydrocarbon sectors. In 2017, financial services grew by 16.2%, construction by 12.5% and manufacturing by 9.3%. Overall, nonhydrocarbon economic activity accounted for 67.2% of nominal GDP in 2017, according to the IMF.

As a key driver of growth, the Capex program has allowed Qatar to economically outperform regional and global peers in terms of real GDP growth. In 2017, despite the blockade, Qatar’s economy grew at the fastest pace in the region.

 

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QAI Qatar’s Economic Competitiveness Fact Sheet

 

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Golden Pass: The U.S. – Qatar Relationship at Work

 

• On 5th February, 2019, Qatar Petroleum (QP) and ExxonMobil (Exxon) announced the final investment decision to begin constructing the Golden Pass terminal on the Texas Gulf Coast as an export facility.

• In a more than $10 billion investment, QP will invest more than $8 billion and Exxon will invest more than $2 billion; Qatar Petroleum owns a 70 percent stake in Golden Pass, while Exxon owns 30 percent.

• Over a five-year construction period, starting in March 2019, the investment will create 45,000 full-time jobs (direct and indirect) nationwide and generate nearly $35 billion in U.S. economic gains including federal, state, and local tax revenues over the life of the project.

• Once completed, Golden Pass will be the seventh large scale LNG export project in the United States, capable of producing 16 million tons of LNG each year (by comparison, Qatar’s annual production is 77 million tons/annum).

 

 

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QAI Golden Pass Fact Sheet – edited

 

 

Read more here:

Qatar and Exxon Mobil Plan $10 Billion Gas Investment in Texas (New York Times)
Qatar Petroleum, Exxon invest in $10 billion Texas LNG project  (Reuters) 
Exxon and Qatar’s $10B Golden Pass LNG project to move forward  (Houston Business Journal) 
Exxon Mobil and Qatar greenlight $10 billion project to export natural (CNBC)
Qatar and Exxon Mobil plan US$10 billion gas investment in Texas (Financial Post)
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QAI 2018 Annual Report

The Qatar-America Institute (QAI) is an independent, nonprofit, research institute that hosts an open space to convene, facilitate cross-cultural exchange, and develop educational research on the political, economic, social, and cultural ties between the United States and the State of Qatar.

Review QAI’s annual report covering all of the organizations activities, programs, and events held in 2018.

 

 

2018 QAI Annual Report Final Email Version
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A Window to the World: The Museums of Qatar

 

The Museums of Qatar

The State of Qatar hosts a wide variety of museums, cultural exhibitions, and institutions that promote the art, traditions, and creativity of those residing in Qatar and the surrounding region. The Qatari art scene today is dynamic and eclectic, often incorporating styles not just from Arab tradition but from across the world thanks to Qatar’s unique position as a geographic crossroads and trade hub between different cultures.

 

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QAI Museums Fact Sheet

 

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10 Facts About Human Rights in Qatar

Human Rights in Qatar

Qatar is a leader in the Arab world in supporting human rights within Qatar and humanitarian causes abroad. Qatar coordinates with international watchdogs and other institutions to understand shortcomings in its domestic policy and continuously improve its standard for human rights.

 

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QAI 10 Human Rights Facts Sheet

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Qatar’s Efforts on Anti-Money Laundering & Counter Terrorism Finance

Qatar’s Commitment to International Standards

Qatar has a strong history of cooperation with its neighbors in the Gulf as well as with the broader international community in implementing effective counter-illicit finance regulations. Soon after 9/11, the Financial Action Task Force (FATF) issued a series of recommendations for states to combat illicit finance and money laundering. Qatar also operationally cooperates with the U.S. in counter-illicit finance, as exhibited in their three recent memoranda of understanding and the 2018 inaugural U.S.-Qatar strategic dialogue.

 

 

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QAI AML CTF Fact Sheet

 

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Qatar’s Natural Gas Sector

Qatar’s Natural Gas Sector

Qatar is home to some of the largest reserves of natural gas in the world, which account for 50% of the country’s exports and constitute a large portion of American gas companies’ revenues. Qatar’s natural gas exports constitute 14% of global exports of natural gas – the largest share in the world, and an enormous undertaking for such a small country. Qatar plays a critical role in global energy security. The nation is leveraging its success in the natural gas trade for the long-term: as part of the country’s national strategy, Qatar is reinvesting much of its profits into its citizens and in foreign assets to diversify its mainly resource-based economy.

 

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QAI Natural Gas Fact Sheet

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Building A Shared Future – Qatar’s Investments in the United States

Qatar’s International Investments

Qatar is well known for leading the world in liquid natural gas exports. In addition to the country’s success in this area, Qatar has increasingly looked to invest in various different sectors, both globally and within the United States.

 

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QAI US Investments Fact Sheet

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