1938

  • Petroleum Development strikes the country’s first oil at Dukhan 1

1971

  • Qatar’s North field is discovered, with reserves estimated at 900 trillion cubic feet

1974

  • State’s first national oil company, Qatar General Petroleum Corporation, assumes total control of the country’s oil industry

1997

  • Qatar exports its first LNG to Japan’s Chubu Electric

2001

  • Qatar General Petroleum is renamed Qatar Petroleum

2005

  • QP places three-year moratorium on development in the North field, which is extended to 2010

  • QP announces the creation of Qatar Petroleum International

2007

  • March, QPI signs a memorandum of understanding with Petrochina to build an ethylene plant in China, scheduled to start up in 2013

  • April, QPI is selected by state oil company Entreprise Tunisienne d’Activites Petrolieres to build a 140,000-barrel-a-day refinery in Tunisia worth an estimated $3bn

  • May, QPI signs a memorandum of understanding with Occidental Petroleum for a $7bn, 350,000-barrel-a-day refinery in Panama

  • 7 June, QPI signs a memorandum of understanding with the Shell Group aimed at identifying and developing “international projects of mutual interest”

  • 11 December, QPI signs a memorandum of understanding with ConocoPhillips to develop international energy projects

2008

  • 14 January, QPI signs a partnership agreement with Gaz de France covering international co-operation on both upstream and downstream activities

  • 8 April, QPI buys a 20 per cent stake in Taoudenni permits Ta7 and Ta8 in Mauritania from France’s Total, its first overseas investment

  • 20 April, QPI signs memorandum of understanding with Eni to seek joint investment in international oil and gas ventures

  • 24 April, Gazprom announces it is considering joint investment projects in the energy sector with Qatar Petroleum (QP)