Felipe VI takes advantage of his stay in Qatar to meet with the Emir and with Spanish businessmen

• The Emir of Qatar announces an investment in Spain of 4,700 million euros

Felipe VI has taken advantage of the

on the occasion of the debut of the Spanish team at the World Cup to expand his agenda.

Bilateral relations between Spain and the emirate were strengthened last May, after the state visit that Sheikh Tamim bin Hamad Al Thani made to Spain, in which he announced an investment of 4,700 million euros in our country.

To show once again the good harmony between both monarchies, Felipe VI has met with the emir in a meeting that

and that is held six months after the last time they met.

Felipe VI thus tries to consolidate the close link with the emir of one of the

, the third largest producer of natural gas in the world and the largest of Liquefied Natural Gas (LNG), exporting 75% of what is produced and where Spain has many commercial interests.

It is for this reason that the King, before the meeting with Al Thani, held a meeting with representatives of

who are in the country seeking contract awards.

As Zarzuela sources have reported, the Monarch wanted to know first-hand

and commercial relations between the two countries.

Don Felipe received

representatives of Spanish companies, accompanied by the president of the Higher Sports Council, José Manuel Franco, with whom he arrived in Doha on Wednesday.

Felipe VI greeted the managers and later posed with them in

.

Representatives of companies such as Acciona, Applus, FCC, Técnicas Reunidas, Sener, LaLiga, SACYR, Iberdrola, Grupo Dani García, Padel Club or Integra Agricultura, as well as other smaller companies from different sectors, participated in the meeting.

According to the commercial office in Qatar, Spain has traditionally had an

in winning the award of contracts to companies established in Qatar in their commercial relations.

The departure of Spanish construction and engineering companies from the country, as well as the importance of Qatar's investments in large Spanish companies (especially in the retail distribution, press, financial, energy and residential sectors) are

It should be remembered that, within the framework of the State visit of the Emir of Qatar to Spain in May 2022, both countries have

political relations to the level of strategic association, which will imply the launching of a regular political dialogue to monitor of the Agreements.

Qatar owns

sector that represents 36% of GDP.

The state manages these resources through the public company "Qatar Energy", which has the rights to exploit the industry.

Among the main products obtained from extraction are

Qatar has allocated numerous material and technological resources to produce other hydrocarbon by-products such as propane, butane, condensate and other refined oil.

Qatar is

for the supply of liquefied gas to our country.

It is currently our

(6.3% of our total gas imports).

It is foreseeable that this figure will increase in the coming years, within the framework of the good political relations between the two countries.

A fundamental pillar of the Qatar National Vision 2030 is

through investments in photovoltaics and grey, blue and green hydrogen (target 20% renewables by 2030).

At the beginning of 2023, multiple projects will begin to be tendered, which represents opportunities for companies installed in the country (Técnicas Reunidas, Iberdrola or Acciona) or in the Gulf region, since these are energy projects still in very early stages of development. , and with a very high potential.

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