According to the study, the UK is Qatar’s main destination for foreign investment attracting $43.6 billion. The most prominent investments are London’s Shard Tower and Barclays Bank helping to prevent the nationalisation of the bank. Qatar has a 20 per cent share in the company that owns Heathrow airport. Qatar owns the Harrods department store, has a 20 per cent stake in Camden market and 26 per cent share in the Sainsbury stores. Qatar has become the largest supplier of liquefied natural gas to Britain. Over the last year, Britain’s imports of Qatari’s liquefied natural gas constituted 85 per cent of Britain’s imports.
South Hook LNG is the major contributors to the diversity of UK energy. The South Hook LNG Terminal is one of Europe’s largest liquefied natural gas (LNG) regasification Terminals, based in Milford Haven, Pembrokeshire, West Wales. Fully commissioned in 2010, South Hook LNG has the capacity to process 15.6 million tonnes of LNG annually, representing around 20% of the UK’s current natural gas needs. South Hook LNG Terminal cost some £1 billion to build, demonstrating the long-term commitment of its shareholders to the UK market.
Liquefied Natural Gas (LNG) is shipped from Qatar to our facility where we receive and regasify the LNG. The safe and reliable regasification of natural gas is our primary purpose. Over the last few years there has been a decline in UK Continental Shelf gas reserves, raising the importance for the UK to gain more diverse and secure supplies of energy. South Hook Gas Company Ltd, a separate entity in the UK, is responsible for the importation of LNG as Base User of the South Hook LNG Terminal; it is the Base User who is responsible for the commercial arrangements of the LNG. LNG continues to offer strong benefits to the UK; it improves our security in energy supplies. Natural gas burns more cleanly and efficiently than other fossil fuels, with carbon emissions signiicanlty lower than coal. The Terminal holds a significant role, not just by being part of the UK’s energy infrastructure, but also by strengthening the strategic relationship between the UK and Qatar.
Qatar Petroleum has acquired 25 percent of share in its Heron II Power Plant. The deal signals QPI’s first investment in Greece. The agreement was signed with the presence of H E Dr Mohammed bin Saleh Al-Sada, Minister of Energy and Industry and Nasser Al Jaidah, CEO of QPI. The signing ceremony was also attended by Sheikh Saoud bin Abdulrahman Al Thani, Executive Director for Gas and Power at QPI, and Dr Theodore Theodoropoulos, Managing Director of QENERGY Europe. Heron II is a 435 MW combined cycle gas turbine environmental friendly power plant with reduced fuel consumption and lower CO2 emission.
The Adriatic LNG terminal is a liquid natural gas offshore terminal, formally known as Terminale GNL Adriatico Srl. Located in the northern Adriatic 9 miles (14 km) offshore of Porto Levante,Porto Viro, it is the world’s first offshore gravity-based structure LNG reagsification terminal. The terminal is operated by Qatar Terminal Ltd., a subsidiary of Qatar Petroleum (45%), ExxonMobil Italiana Gas (45%), and Edison SpA (10%). The terminal is 47-metre (154 ft) high, 88-metre (289 ft) wide, and 180-metre (590 ft) long.
Qatar’s investments in France amount to 6.5 billion USD. Qatar has recently purchased Le Brantano! stores and La Tanneur leather industries. Qatar has shares in groups listed in the CAC 40 stock market such as Total Oil, a 3 per cent share in Vivendi and a 12.8 per cent share in Lagardère, a 5.5 per cent sgare ub the First Investor and Vince store, a 5 per cent share in Veolia environmental (5%) and a 1 per cent share in LFM. Qatar’s investments in Germany amount to 15.7 billion USD, focused on the industrial sector and including leading German companies Volkswagen, Siemens and Hochtief constructions.