Doha: Investment in the energy and power sectors in Qatar is expected to be around an astronomical $100bn by the year 2011.
The figure includes investments in oil, gas, downstream and power plants, said a senior Qatar Petroleum (QP) official making a presentation before a visiting delegation of Turkish businessmen here yesterday.
There is a proposal to enhance gas-to-liquids (GTL) production from the Oryx project to 100,000 barrels per day (b/d) by 2010.
The production capacity of the QP-Sasol project is 34,000 b/d and the venture is expected to come on stream by the end of the next month.
Ali Al Sidiky, director of downstream ventures at QP, said in his presentation that the above project would also produce 8,000 b/d of naphtha.
Full commercial production from Oryx GTL is expected by the end of the first quarter of next year.
Qatar's current power generation capacity was 2,829 mega watt (MW) and the number of power plants was four, he said.
© The Peninsula 2005
