Methods of tempering by water Coursework Example | Topics and Well Written Essays - 1500 words - 1

Methods of tempering by irrigate - Coursework ExampleThe revenue from the exports is then reinvested towards purchasing food stuff and machinery in order to sustain the promptly growing economy of Qatar (Mclachlan, 2010).The current high oil prices are responsible for making sure that Qatar has a favorable balance of payment. It should however be noted that, the countrys dependence is not sustainable and its oil reserves are expected to be completely used up by the family 2023. This has led to the government of Qatar shifting its focus towards the ripening of the natural gas industry. The government has embarked on a plan to increase its production of liquid natural gas that has been attributed as being the study effort force in Qatars rapid growth levels in recent years. There are on-going plans to expand the production of (LNG) exponentially, which according to estimates, will make the country the biggest exporter of LNG in the world.In 2010, Qatars major partner in import t rade was the US and it accounted for 11.8% of all imports of Qatar marking a shift from Japan, which had been the master(prenominal) trade partner in exports and imports with Qatar.The countrys foreign trade has grown rapidly in recent years because of developments in the oil, gas industries and related infrastructure undertakings. In 2009 for example, the rate balance for goods arise from $ 25,555million in 2009 to $ 53,863million in 2010 which was an increase of 110.8%.I n 2010, the exports of goods including ere exports was estimated to be $95,736 million which was 75% of the overall nominal GDP.The impart imports into Qatar between 2006 and 2010 increased by 41.4 % due to the improvement in, economic activities coupled with Qatars hydrocarbon increase in production and extension. A significant portion of the imported items included metal and machinery that are necessary for the development of the hydrocarbon industry of Qatar. Additionally, there were increases in expenditure on non-oil materials for