This & That, Ceci et Cela

Missed Dubai? Get Qatar then!

Category:Business Mar 6th, 2006 1:00am

Qatar stamp

Those who missed the China trade boat (early fishers get the best dibs) are latching onto the India services train. Likewise, if you missed the Dubai money/real estate flight, you can still catch the Qatar resources rocket. The tiny gulf nation is due to overtake Switzerland’s per capita GDP next year and become the biggest global exporter of LNG (liquefied natural gas) by the end of this decade. LNG is currently being pimped as the cleaner, safer fuel of the future and Qatargas expects LNG exports to rise to 17.3 million tons annually by 2009, with supply agreements in place for 25.2 million tons by 2012. With heavily populated, fast-growing economies like that of China and India feening for such resources, its a win-win outlook.

Not that you needed further proof, but if he’s sniffing around Qatar, you bet there’s some liquid gold up in there:

Bush sniffing Qatar

Not one to put all its eggs in one basket, Qatar is also embarking on economic diversification into areas like real estate, travel and education.

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