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    Home > Chemicals Industry > Petrochemical News > Qatar, which has become rich by digging for oil, will one day run out of resources and sit on the mountain?

    Qatar, which has become rich by digging for oil, will one day run out of resources and sit on the mountain?

    • Last Update: 2023-01-01
    • Source: Internet
    • Author: User
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    This year, Qatar spent $220 billion to prepare for this World Cup, and the cost of all previous World Cups combined is not as much as Qatar spent on hosting this World Cup, which makes people have to sigh, which is also too arrogant
    .

    In addition, the total prize money of this Qatar World Cup reached 440 million US dollars, and the champion team can get 420 billion US dollars in prizes, not only that, even the team that was eliminated in the group stage can get 9 million US dollars, to put it bluntly, no matter what, as long as you participate in this World Cup, Qatar will give you at least 9 million US dollars
    .
    In a word, Qatar is a real trench
    .

    When it comes to the richest countries in the world, everyone should think of Dubai and some European countries, what is the origin of Qatar and why is it so rich?

    Why is Qatar so rich?

    The State of Qatar has a land area of about 11,521 square kilometers, about two-thirds of the area of Beijing, and a population of less than 3 million
    .
    According to 2020 statistics, Qatar's GDP reached $149.
    1 billion, and in 2021, the state of Qatar's GDP was $169.
    2 billion.

    Qatar's per capita GDP is as high as 61,700 US dollars, and the per capita GDP of the United States in 2020 is only 63,000 US dollars, even Dubai, which is recognized as rich, has a per capita GDP of only about
    half that of Qatar.

    It is no exaggeration to say that Qatar is rich in oil, because it is a country
    that got rich on oil and gas.
    Although Qatar is not a large country, it is adjacent to the Persian Gulf and is rich
    in resources.

    Its natural gas reserves rank third in the world, second only to Russia and Iran, is one of the world's most important liquefied natural gas producers and exporters, the original reserves also rank fourteenth in the world, natural gas and oil exports account for 80% of the country's total exports, such abundant resources, it is really God's reward, no wonder Qatar is the richest country
    in the world.

    Although Qatar's economic development is now ahead, the problems it faces are also severe, natural resources are not renewable, and the oil and gas resources on which Qataris depend for survival will eventually be exhausted.

    The "lessons from the past" of the country's dispersal after the exhaustion of resources - Nauru

    Having said that, we have to mention a country located in the South Pacific - Nauru
    .
    Nauru has a land area of only 21 square kilometres and a total population of only about 10,000, but like Qatar, Nauru is a country rich in resources
    .

    Nauru was once known as the "paradise of birds", where countless migratory birds have stayed for thousands of years, and guano has been reacted by matter and precipitated over time, forming a phosphate mine
    up to 10 meters thick in Nauru.
    Although phosphate ore is not the same as oil and gas, it is also an excellent agricultural fertilizer
    .

    It is this unique natural resource that makes the economy of this small country develop rapidly in the seventies and eighties of the last century, just the export of phosphate mines, can earn more than 100 million US dollars a year, compared with Qatar's total income may not be worth mentioning, but Nauru has only 10,000 people, 100 million US dollars is definitely a lot of income for them
    .
    And because God rewarded the food, the life of the people of Nauru began to become rich and luxurious
    .

    The good times did not last long, Nauru's resources were depleted due to continuous exploitation, the country's income level plummeted, the quality of life of the countrymen was greatly reduced, and the country had to rely on debt to survive
    .
    At the same time, due to overexploitation, the local ecological environment has been severely damaged, agriculture cannot be developed, and now Nauru is left with only poverty, and it is impossible to imagine that their previous life is comparable to that of Qatar
    .

    Nauru is a tragic example, so will Qatar, which is also "backed by mountains and mountains, and water by water", follow in Nauru's footsteps if the day when resources are exhausted really comes?

    Will Qatar follow in Nauru's footsteps? I'm afraid it's not that simple!

    Qatar is smart, they have anticipated and prepared for this, and now Qatar has begun to slowly transform into heavy industry, tourism and other fields
    .

    Qatar spent a lot of money to organize this World Cup competition, which seems to be a loss-making transaction, but in fact, everything is in their plan, which is a decision
    made for their own economic transformation and future tourism development.

    First of all, the hosting of the World Cup will greatly increase Qatar's visibility
    .
    As a rich country, everyone knows Dubai but rarely hears about Qatar, which is also a major pain point for Qatar - it is difficult to develop tourism without well-known tourism
    .

    The holding of this World Cup can be said to have made Qatar successfully out of the circle, and the emoji of the little prince of Qatar has exploded on the Internet is also a manifestation
    of Qatar's increased popularity.
    Qatar has combined football and tourism this time, and has appeared in front of people all over the world with a high-tech and high-quality image, which can be said to go global, which is the real purpose
    of Qatar's huge investment.

    The ultimate purpose of Qatar hosting the World Cup is industrial transformation, which is also the right path
    for the country's sustainable development.
    Also a country in the Middle East, Dubai is much more well-known than Qatar, such as the world's only seven-star hotel - the Burj Al Arab Hotel, the world's largest musical fountain and shopping center, the world's largest artificial island and so on
    .

    When people think of Dubai now, they first think of Dubai's tourism and financial industry, the rich life of Dubai people and the extremely high happiness index, without worrying about whether the country's income will plummet due to the depletion of oil resources
    .
    Today, Dubai has become a global international financial center and a bridge
    between China and the West.

    But until then, the oil industry was Dubai's only pillar industry, and thanks to the successful transformation of the country, the country is no longer limited
    by the non-renewable nature of natural resources.

    With $220 billion in spending, Qatar's infrastructure and buildings have been greatly improved, whether it is airports, roads, ports, stadiums, not only that, but also the new Al Jazeera
    .
    All in all, the hosting of the World Cup has made Qatar famous, and the successful transformation of economic development is just around the corner
    .


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