MoCI and QatarEnergy to govern hydrocarbon resource allocation and expand Mesaieed medium industries area
- Terms of Reference signed to create a governance mechanism for allocating hydrocarbon-derived resources, natural gas and power to downstream industrial investment opportunities.
- Plan includes development of a new medium industries area in Mesaieed Industrial City, with QatarEnergy pledging gas supply equal to that for small and medium industries in Doha’s Industrial Area.
- A joint working team will oversee resource allocation and may draw on stakeholders including the Ministry of Finance, KAHRAMAA, Invest Qatar, Qatar Free Zones Authority, Ministry of Environment and Climate Change, and Qatar Development Bank.
- MoCI will lead investor engagement, opportunity sourcing and ecosystem coordination; QatarEnergy will provide technical and commercial evaluation expertise for resource allocation and utilization.
Agreement purpose
The Ministry of Commerce and Industry and QatarEnergy signed Terms of Reference to establish and implement a joint governance mechanism to evaluate and allocate hydrocarbon-derived resources — including natural gas and power — to downstream derivative industrial investment opportunities.
Scope and objectives
The framework aims to ensure optimal use of national resources, enhance industrial value capture, attract qualitative investments and support sustainable industrial growth as part of broader national development goals.
Mesaieed expansion and resource commitment
The agreement supports developing a new medium industries area in Mesaieed Industrial City; QatarEnergy pledged to supply this expansion with natural gas quantities equal to those dedicated to small and medium industries in Doha’s Industrial Area.
Governance, roles and stakeholders
A joint working team will oversee allocations and may engage additional stakeholders as needed. MoCI will lead investor engagement, opportunity sourcing and ecosystem coordination, while QatarEnergy will provide technical and commercial evaluation expertise related to resource allocation and utilization.
Source: QatarEnergy
