Qatar s overseas protection policy under hamad bin

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Given Qatars foreign and security policy under Hamad bin Khalifa, it is obvious that the overall goal of its overseas policy throughout the 1990s, 2000, and 2010 was to shift reliance for the US protection understanding. Hamad bin Khalifa oversaw a comprehensive reform of Qatars energy economics. Olive oil production flower from a few. 7 , 000, 000 barrels per day (million barrels per day) produced in 1995 to sixteen. 9 , 000, 000 barrels daily in 2150 (OECD, 2013). More importantly, nevertheless , LNG creation in Qatar led by simply Abdullah al-Attiyah, the chief agent to Hamad bin Khalifa, was in kampfstark contrast for the pursuit of his predecessors pertaining to the industry (Dargin, 2011, Hashimoto et al., 2004). ). These kinds of energy shifts in spite of LNG investments in particular have been the main catalysts of the master strategy that helps the majority of state policies for 2 reasons.

First, LNG drove Qatar from as being a rich region to a extremely rich nation with two streams of hydrocarbon-based cash flow. The melted natural gas (LNG) project of state reservoirs essentially moved Hamad rubbish bin Khalifa to conduct a series of costly personal prosecutions inside the first and second years of the modern world. He offers invested countless billions in the education system in Qatar, especially creating a full educational city and attracting the top Western educational institutions. His many diplomatic invasions in mediation across the region have typically been supported by financial durability, as in the 2008 Lebanese example as well as the multi-year Darfur negotiations, as being a vehicle to get settling conflicts (Kamrava, 2011). The search for increase very soft power in Qatar was obviously a costly proposition. Not only features Qatars ‘s Jazeera news channel gathered funds every year since its organization, but billions of dollars have been spent on excellent arts, building world-class museums and hosting a host of world-class sports. All this was done to strengthen Qatars perspective and to encourage and disseminate a accelerating message about the state.

Second, by building the capacity to become a major gas supplier to countries around the globe, Qatar performs an important role in some of the very important says in the world. In 2013, Qatar provided 14% of it is production of LNG, Athens 40%, Brazil 4%, Canada 83%, Republic of chile 5%, China and tiawan 38%, Italy 19%, India 85%, Japan 18%, Kuwait 86%, South america 23%, The country of spain 23%, Taiwan 50%, Thailand 74%, UAE 84%, United Kingdom 93%, Us 8%.

Although Qatar sometimes gives only a tiny part of LNG imports in the country, liquefied natural gas can be not, naturally , the countrys only source of energy, and Qatar is clearly very important all over the world. In particular, taking into consideration the role of LNG in each express and Qatars contribution to it, Qatar is very important to countries such as Belgium, Cina, France, India, Japan, Southern Korea, The country, Taiwan plus the United Kingdom. This really is a list of countries with economical, military and political influence that depend heavily on Qatars continued prosperity and security. In 2013 and 2014, Qatari importers also included four long term members of the UN Security Council and three non-permanent members (Argentina, Korea and Chile).

The third immediate result of the gas riches was the creation of a monetary surplus developed in the creation of a sovereign wealth pay for, the Qatar Investment Authority (QIA) in 2005. This kind of fund rapidly became one of the recognized funds. The world having a large range of purchases, usually coming from leading share companies and companies, into the worlds leading markets.