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Macro economic factors in Qatar naphtha market


Posted Dec 4, 2014 by kenresearch12
Qatar naphtha market research report provides statistics on naphtha production from refineries, gross inland availability, consumption in petrochemicals, market share of major companies and future outlook
 

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Pressnews.biz (Press Release) Dec 4, 2014 -- Qatar Naphtha Market Outlook to 2018 - CTL and GTL Technologies to Provide Growth Impetus” presents a comprehensive analysis of the industry including market size by naphtha production and naphtha exports and market segmentation by production of naphtha from refineries, by consumption of naphtha in petrochemicals sector and by naphtha gross inland availability and change in stocks. The report also entails a detailed description on the recent trends and developments in the market and the competitive scenario of major players in Qatar naphtha market along with the production share of major companies in Qatar naphtha market.

The supply and demand chain of naphtha in Qatar affects the countries across the globe, as the country exports a major portion of its naphtha production. The potential factors affecting naphtha production and exports in Qatar are oil production (particularly condensate), prices and demand in refineries and petrochemicals and chemical industries due to diversifying product portfolio obtained from naphtha. Middle East Naphtha Market has witnessed an appreciable growth at a CAGR of 7.7% during the period 2007-2013. Qatar is the fourth largest naphtha producing country in the Middle East region.

Qatar naphtha market produces naphtha solely through refinery processes. It is analyzed that the country had amplified its naphtha production from 1,053.0 thousand tons in the year 2007 to ~ thousand tons in the year 2013. This enormous increase in production has led to a stupendous CAGR of 42.8% during the period 2007-2013. Qatar produces its entire naphtha from world class refineries. The refinery capacity addition in the year 2010 enhanced naphtha production from ~ thousand tons in the year 2009 to appreciable ~ thousand tons in the year 2010. Qatargas is the leading company operating in the country’s naphtha producing regime. The company produces appreciable naphtha yields through its Laffan refinery 1.

Qatar is coming up with large scale commercial projects coupled with technical routes to convert solid fuel such as coal or gaseous fuel to liquid fuels such as diesel and naphtha. The technology utilizes Fischer Tropsch synthesis process for utilizing gas-to-liquids (GTL) and coal to liquid (CTL) techniques. . It is forecasted that the naphtha production will surge from ~ thousand tons in the year 2014 to massive ~ thousand tons by the year 2018 due to the enhancing refining capacities and upcoming petrochemical projects. The exports are anticipated to witness a similar trend of production thereby estimated to register a significant growth at a CAGR of ~% during the forecasted period 2013-2018.
source: https://www.kenresearch.com/oil-and-gas/petroleum-gas/qatar-naphtha-market-research-report/568-109.html
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Contact Email : i...@kenresearch.com
Issued By : Kenresearch
Website : Market Research Report
Phone : +91 1147017199
Business Address : 109-110, NDM II, Netaji Subhash Place, Pitampura
New Delhi India
Country : Qatar
Categories : Energy, Reports, Research
Tags : Naphtha, Refineries, petrochemicals, Hydrotreated Naphtha
Last Updated : Dec 4, 2014

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