According to a new report by Standard Chartered, Qatar is poised to double the size of its economy by 2031, as it restores government revenues to pre-2014 oil price shock levels. The recovery is attributed to Doha’s strategic positioning in the global energy market and its ongoing efforts toward economic diversification. Qatar, currently the world’s sixth-largest gas producer and holder of the third-largest gas reserves, has effectively leveraged rising hydrocarbon prices and a surge in global energy demand, particularly in liquefied natural gas (LNG). The expansion of LNG capacity, with a planned 85 per cent increase in output at the North Field by 2025, is expected to nearly double the country’s natural gas production by 2030 from the current 77 million tonnes per annum (mtpa).