Blockade Has No Impact on Qatar Gas Exports: IMF

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International Monetary Fund (IMF) has officially announced that the Arab quartet country’s more than four-month old blockade against Qatar has not affected the country’s energy exports. The diplomatic rift has not impacted global liquefied natural gas markets. as Qatar continued its export. the Fund stated.
“The diplomatic rift between Qatar. the world’s largest exporter of liquefied natural gas. and several other countries in the region. including Saudi Arabia. has not affected liquefied natural gas markets. as Qatar’s exports have continued“. IMF said in its October 2017 ‘World Economic Outlook’ (WEO) released yesterday.
The IMF document noted the natural gas price index—an average for Europe. Japan. and the United States—decreased by 9.6 percent from February to August 2017. The decline was mostly tied to seasonal factors and robust supply from the United States and Russia. and lower oil prices. which some natural gas prices are indexed to.