Nobody downloaded yet

Investments Between Qatar and South Korean Governments in Oil & Gas Industry and Others - Essay Example

Comments (0) Cite this document
Investments Between Qatar and South Korean Governments
The two countries, as will be highlighted in details later in the paper signs a memorandum of understanding (MoU) outlining the creation of a joint infrastructure cooperation taskforce. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Investments Between Qatar and South Korean Governments in Oil & Gas Industry and Others
Read TextPreview

Extract of sample
"Investments Between Qatar and South Korean Governments in Oil & Gas Industry and Others"

Download file to see previous pages The 1970s’ oil and economic boom did play a very central role in promoting the economic growth of the Gulf Cooperation Council (GCC) countries. The enormous revenues so derived from the exportation of oil and natural gas saw these countries make immense investments in both infrastructure and development. Such investment necessitated a labor force that surpassed the countries’ local supply (Commercial Bank of Qatar 1). Although this deficiency in labor force can be attributed to the small indigenous populace in these countries, the situation was worsened by the fact that a majority of the citizens hardly qualified for the required tasks. This saw through overseas experts being called upon to remedy the situation. Moreover, with the subsequent expansion in the industry, Qatar and South Korea have become destinations for expats in search of employment. This has a result seen the two countries enter into joint infrastructural and development ventures (COP18/CMP8 1).
Literature Review
Qatar is a small peninsular country located in the Persian Gulf. This notwithstanding, the country has in the past emerged as a partner of not only the United States- and more especially in hosting major military facilities of the United States- but also with other countries the likes of South Korea. Statistics have indicated that Qatar is the third largest holder of natural gas reserves in the world, with an estimated reserve capacity of 896 trillion cubic feet. Besides, its small citizenry has seen the nationals enjoy the global highest per capita income. Shaykh Hamad bin Khalifa Al Thani, the Emir of Qatar has been able to manage a course of the principal economic growth (Expo 2012 1). After replacing his father, limited political liberalization has taken place under the leadership of The Emir. It is however worth noting that Shaykh has seen through several projects capitalizing on the country’s hydrocarbon resources with such benefits as improvements in the educational opportunities for the Qatar nationals and economic diversification being realized (SWF 1). In 1999, the state-owned oil company, Qatar Petroleum, increased its crude oil production to 824 000 barrels per day from 593000 barrels per day. By 2012, crude oil production by the company is at 730000 barrels per day. Nevertheless and owing to the fact that there are likelihoods of oil reserves becoming exhausted in the event that the current production rate remain unchanged, Qatar has rapidly moved to the exploitation of the vast natural gas reserve so as to meet the demands of its importers who include South Korea, Singapore and Japan (Williams 1). And as part and parcel of the country’s long-term development strategy, Qatar has tapped international financial markets and entered into investment with countries like South Korea. The country has also invited foreign investment in the recent past in an effort to finance the expansion of its gas extraction and liquefied natural gas production facilities. Apart from partnering with the South Korean government in the oil and gas industry, Qatar through Qatar Holding LLC did sign a memorandum of understanding with the Korean ministry of land, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Investments Between Qatar and South Korean Governments in Oil & Gas Essay”, n.d.)
Investments Between Qatar and South Korean Governments in Oil & Gas Essay. Retrieved from
(Investments Between Qatar and South Korean Governments in Oil & Gas Essay)
Investments Between Qatar and South Korean Governments in Oil & Gas Essay.
“Investments Between Qatar and South Korean Governments in Oil & Gas Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Legal Aspects of the Oil & Gas Industry
...that nationalization of foreign assets hinders foreign investments and have resulted in drop of output, national income for oil dependant economies (Guriev, Kolotilin & Sonin, 2009, p.2). 2. Background Now with the nationalization of the international oil companies by the host countries many questions arise in the forefront. It can be questioned that whether the government of host countries achieve parity with the international oil companies while exercising their permanent sovereignty over the natural resources by nationalizing the operations of oil Companies who are exploring and exploiting oil and gas...
14 Pages(3500 words)Essay
United Kingdom Offshore Oil and Gas Industry
...the United Kingdom currently demonstrates unfavorable macroeconomic conditions. With the uncertainty surrounding the European Sovereign Debt Crisis the European economic situation finds itself in a tenuous position. This is contrasted with a relatively stabilizing American economic system and Asian outlets with considerably less environmental concern. While government regulatory factors are a defining element of the UK offshore oil and gas industry one recognizes that there are variety of other elements that must be considered when articulating this business environment. A prominent aspect of Porter’s model is the consideration of demand. The United Kingdom’s...
3 Pages(750 words)Essay
Relationship Between Crude Oil And Natural Gas Prices
...RELATIONSHIP BETWEEN CRUDE OIL AND NATURAL GAS PRICES This paper examines the relationship between crude oil and natural gas prices. The prices of natural gas and crude behave much as any other commodity experiencing wide price swings in times of shortage or oversupply. The paper tests data from 1985-2000 using regression analysis to substantiate the relationship between the two commodities and further throws light on the reasons for deviation of natural gas prices from crude oil prices. Factors affecting demand and supply of crude oil and natural gas have also been discussed. Introduction According to economics theory, there is deemed to be a relationship between natural gas and crude oil prices. This is based on the fact that natural gas... of six...
20 Pages(5000 words)Essay
Global Oil and Gas Industry
...Analysis of the Global Oil and Gas Industry Executive Summary This research deals with why oil, the lifeblood of world economies, attracts multinational investors with strategic stakes, positioning oil investments with national policies. Porter's five forces were used in the analysis of the attributes of the oil industry stakeholders, with Iraq as a classic barrier to entry, the US as buyer power, China as rival, Saudi Arabia as supplier power, and India and Africa as substitute threats. Going beyond Porter's five forces paradigm, this study describes the self-proclaimed champion of democracy in the...
6 Pages(1500 words)Essay
Health and Safety Issues in the Oil and Gas Industry
...and flexible research plan. This involves various processes which will comprise the different chapters of the dissertation. After a specific subject is chosen and research questions are formulated, the researcher will conduct normative data-gathering procedures such as interviews and library research. A comprehensive body of literature will be provided which concerns different health and safety issues in the oil and gas industry. This includes the dangerous chemicals involved and other hazards in the different oil and gas industry operations. Likewise, the researcher will conduct interviews with company managers in the...
5 Pages(1250 words)Essay
Operation and Competition Situation of UK Oil & Gas Industry
...and Posner, 2008). In this respect, the first issue that can be talked about is world population growth, where it is known that the world’s population has been increasing over the past two decades (Aamot, 2010). Meanwhile, with increases in world population, the need for more industries and forms of transport becomes imminent. Having said this, it can be noted that from an external social perspective, the companies stand a chance of recording sustainable market base, given the fact that oil and gas are needed to satisfy most needs of the growing population. A trend in the social dynamic of the UK and other parts of the world that comes as a disadvantage to the companies however...
10 Pages(2500 words)Essay
Different type of market in oil & gas industry
...and gas industry in China, the discussion critically addresses the present trend in microeconomic factors including the fashion of demand and supply in China. In addition to determine the current performance of CNPC, the discussion also incorporates a clear evaluation regarding the business activities of the organisation to meet the actual demand for oil and gas industry in the nation. Nevertheless, the discussion of the research study also provides a clear description about the type of market under which, CNPC operates including its advantages and disadvantages along with influence of the government. In order to justify the current operating...
24 Pages(6000 words)Essay
Oil and gas industry
...and gas industry pollute the air. The burning of the oil products produces greenhouse as well as other pollutants. Some of the air pollutants include nitrogen dioxide, sulphur dioxide, carbon dioxide, heavy metals, and VOCs. The incomplete burnt compounds results in fine particles of soot that have been found to cause respiratory problems in humans when inhaled from the environment. Equally important, the accumulation of carbon dioxide in the atmosphere leads to climate change because the gas traps heat in the atmosphere. The other environmental effect of the gas and oil industry operations is...
2 Pages(500 words)Essay
Oil & Gas Operations Industry
12 Pages(3000 words)Research Paper
The oil and gas industry in Canada
3 Pages(750 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Investments Between Qatar and South Korean Governments in Oil & Gas Industry and Others for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us