What helped Qatar to achieve success in natural resources development?

HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada has said a long-term strategy helped Qatar achieve success in the development and optimum utilisation of its natural resources.
The strategy included the development of an advanced infrastructure, building a diverse and robust economy, a stable investment climate, the expansion of the country’s industrial base, achieving a higher added value, and the adoption of the best and latest technology solutions, al-Sada said in his address to the opening session of the 7th International Petroleum Technology Conference at the Qatar National Convention Centre yesterday.
The strategy, he said was part of the Qatar National Vision 2030, the roadmap that was launched and guided by HH the Emir Sheikh Tamim bin Hamad al-Thani.
Al-Sada emphasised the importance of providing “eco-friendly, high quality, and low cost products and technologies and achieving the best added values to quality, innovation and sustainable development.”
He said, “Experiences have proven that scientific innovations and breakthroughs are the means to overcome the challenges facing not just the oil industry, but also the various other industries around us. Therefore, this conference constitutes the ideal platform to seek solutions to providing the energy the world needs – specifically those related to the environment and safety – in order to maintain the required levels of living, health, and welfare.”
Al-Sada expressed Qatar’s pride in hosting this important event for the third time, which he said enhances its position an “economic, commercial and industrial centre, and emphasises its growing role as an energy leader.”
Held with the theme “Unlocking Energy through Innovation, Technology and Capability,” the 7th IPTC is the third edition to be held in Qatar, following its inaugural launch in Doha in 2005 and its fourth edition in 2009.
This year’s event, which will be held until tomorrow, brings together more than 6,000 industry professionals representing major oil and gas companies from all over the world.
The conference features plenary and panel sessions as well as a technical programme that covers a comprehensive range of topics, from exploration and drilling, field development and production operations to reservoir management, geoscience, gas processing and new technologies.
Qatar Petroleum (QP) is the host organisation of the event, which is held under the patronage of HH the Emir.

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