Gulf Energy, a global consortium of leading energy consultants and major investors from the Gulf, US, Europe, and South East Asia, have recently unveiled the master-plan for phase one of the multi-billion-dollar Energy City-Qatar project.

The developers have also announced the appointment of the Bahrain-based Islamic investment bank, Gulf Finance House (GFH) as the project’s lead financial advisor.
The $1.6 billion first phase development is positioned as the first-ever integrated energy hub in the Gulf and Middle East and North Africa (Mena) region.
Energy City-Qatar will function as a nerve centre of the global oil and gas business in the Middle East, by attracting the most significant global players in the hydrocarbon value chain. The project aims at significantly enhancing the Gulf region’s ability to capture critical revenue streams from hydrocarbons, and act as a nucleus for the core elements of the Middle East's oil and gas industry, says a spokesman.
Esam Janahi, CEO of GFH said: “The proposed clusters that will comprise the first phase development of the project will include centres for  intellectual and technology; education and training; shipping and trading; oil and gas producers; service industry; infrastructure and downstream; and an information, press and associations.”
According to Janahi, last year saw the energy sector registering the strongest global primary energy consumption since 1984.
Energy City-Qatar will consolidate markets, R and D, technology, education, training and finance under one roof, promoting cooperation at both commercial and technical levels. In future phases the development will also offer opportunities for real estate investment in hotels, exhibition halls, residential and commercial property to support the Energy City-Qatar.