Natural gas: A bridge to sustainable future (A case of Qatar)

This study has a particular emphasis on the natural gas industry, thus this study intends to investigate the role of Qatar in the strategic shift of energy such as hydrocarbons to the clean and green alternatives. The primary objective of this study was to examine and analyse contributions of Qatar natural gas business with the Global Sustainable Development Goals (SDG’s) meanwhile considering the factors of economy, policy and environment. The study has used a two-step organized technique. The first step involves a thorough analysis of the literature comprised of background information regarding international obligations of Qatar, environmental objectives, and economic diversification. In the second step, the study has conducted a PESTLE analysis to assess the prospective contribution to the global energy transition as well as its existing standing as a significant producer of natural gas. Additionally, the study analysis also considers the factors of global economy, policy and legislative frameworks. Qatar is diversifying its income sources by prioritizing investments in research, science, and technology, and renewable energy initiatives. The country's National Vision 2030 includes sustainability objectives to address environmental issues related to natural gas extraction. Qatar supports renewable energy projects and a green economy by aligning with international agreements like the Paris Agreement. This highlights Qatar's potential impact on the global energy landscape and places it as a major player in energy dynamics. Understanding Qatar's strategy for balancing environmental protection and economic expansion offers valuable advice for resource-rich countries transitioning to sustainable energy.