Follow us @middleeast for more news on the region.
Qatar, the world’s biggest shipper of liquefied natural gas, posted a 36% drop in third-quarter exports as the coronavirus pandemic weighed on the sale of energy products.
Exports declined to 41.1 billion riyals ($11.1 billion) from 63.7 billion riyals a year ago, according to a statement from the Planning and Statistics Authority. It was “mainly due to lower exports of mineral fuels, lubricants and related materials.”
The nation’s imports decreased 16% to 21.5 billion riyals in the third quarter.
|Gas-Rich Qatar to Base Budget on $40 Oil to Protect Finances|
|World Cup Host Qatar Tries to Build Its Way Out of Pandemic|