While most countries are suffering from high oil prices, they are also fuelling one of the biggest transfers of wealth in history. For the oil and gas producing state of Qatar, the cost of filling up a car has not changed at all. Al Jazeera's correspondent, Dan Nolan, reports on the changing face of the country due to higher prices for oil and gas on the world market.
Rising from the sea of Qutar's captical Doha is a 15-billion-dollar city that will eventually be home to 40,000 people. It's called the Pearl, and it's built on 500 hectare s of land reclaimed from the ocean.
The project was still be a palm dream,it was a Qatar's main supply of energy resources,that helping to create a big demand.
whether this -- --- ,so -------------,because we are ------,so definitely yes, we are benefiting from this oil boom,or gas boom, whatever you name is .
the pearl is almost high profile element that construction mood that change the entire landscape of Qatar. all once desert is quickly becoming a busling??? international city.Fueling this growth ,it 's Qatar 900 trillion cube feet,as proving?? natural gas reserves that's 50% of total world supply.
the price of oil rising, gas goes up too, many huge windfalls for countries like Qatar.the good news flows to petal pump when government subsidies keep the price at around 20 US cents per liter.
petal price in Qatar a general not effected by rising cost oil,so where in UK to fill this car up cost around 100 dallars,herein Qatar it cost less than 10 dallars.
profession Adaam teaching economics in one of 6 new universities in Qatar education city,all constructs thanks to natural resources profit.he says:rising energy prices are feeling a boom Arabaian gulf,unlike everything seen before.
if you ----- to buy doha too big boom down to the gulf,they would be rival china,in terms of all these capital equipment, construction equipment,cement,brick and wood.
Qatar national receive free education and free healthcare,and most appreciate their position --- -be amused to rising oil price.
"i dont know for bringing this smile to my face,i dont think we are affected as much as other countries'..,it's a very good thing"
"if oil and gas were not there,none of ths would have happened,so in advantage,especially like ,you know,a building,education city.
the big (dam)said though the inflation of 15%,the constantly inflation of foreign workers require to sustain such kind of rapid growth,has increase the cost of food and sent the housing prices soaring,that means the most luxury new developments,unfortunately remains a palm dream for most.