Qatar Petroleum (QP) is a state-owned petroleum company that operates all oil and gas activities in Qatar, including exploration, production, refining, transport, and storage. QP’s operations are closely linked with state planning agencies, regulatory authorities, and policymaking bodies. Together, revenues from oil and natural gas amount to 60% of the country’s GDP. Currently it is the third largest oil company in the world by oil and gas reserves.
QP operates Qatar’s oil pipeline network, which transports supplies from oil fields to the country’s lone refinery and export terminals. Qatar Petroleum is part of the Dolphin Gas Project, which connects the natural gas networks of Oman, the United Arab Emirates, and Qatar with the first cross-border natural gas pipeline in the Persian Gulf region. By joining the US Qatar Business Council Qatar Petroleum seeks to expand their services to the growing global market.