Gas

In reality though. Qatar can block exports to certain countries by issuing so-called destination restrictions.

Saudi Arabia. the UAE. Egypt and Bahrain said on Monday they would sever all ties including transport links with Qatar.

Qatar. like Saudi Arabia and the U.A.E.. is also a member of the Organization of Petroleum Exporting Countries.

There are still two years and a half before the Nord Stream 2 goes into operation.

The South Caucasus Pipeline Expansion Project has been completed by 85 percent.

Japan is seeking to develop new outlets for gas consumption in Asia as the world’s biggest importer of LNG.

The US is expected to become the world'.s third-largest exporter of LNG next year.

The event aims at macroeconomic cooperation as well as multilateral and regional partnership among the countries.

Despite its huge conventional gas reserves. Russia’s share in the global LNG market is small. at around 4 percent.

Qatar Petroleum is determined to continue its lead position in the gas industry with its expansion plans.