Tag Archives: Gulf Times

Qatar remains the top liquefied natural gas exporter in the Gas Exporting Countries Forum and figures among the top three LNG exporters globally in July, latest report by GECF has shown. According to the Doha-headquartered GECF, the US, Qatar and Australia were the top three LNG exporters globally last month. …

The US government’s energy-tracking agency added to a chorus of concerns about falling demand for oil next year caused by an economic slowdown in China, the world’s largest crude importer. Global crude consumption will be about 104.5mn barrels a day in 2025, down 200,000 barrels a day from a previous …

OPEC+ delegates expect the group’s monitoring session next month to be routine, making no changes to plans for a supply hike starting in the fourth quarter. The group led by Saudi Arabia and Russia agreed last month to begin gradually restoring roughly 2.2mn barrels a day of halted crude output …

Qatar continues to drive the Middle East’s international LNG trade flow, Asia in particular, according to the International Gas Union. In its latest report, IGU noted that the LNG trade flow between the Middle East and Asia accounted for 43.29mn tonnes in 2023, driven by Qatar LNG supplies to China, …

Recent years have witnessed an increase in global uncertainties, driven by economic, political and technological shifts, adding complexity to the environment in which countries operate and their energy transition trajectory. Geopolitical tensions pose risks to energy security and hinder international co-operation, according to the World Economic Forum (WEF). Ongoing conflicts …

The State of Qatar has been keen to build a solid and ambitious economy that deals with reality and looks to the future with confidence and competence. The State has supported national efforts aimed at promoting and expanding Qatari industries, in a way that contributes to achieving self-sufficiency for the …

Qatar remains the top LNG exporter among GECF member countries and figures among top three global trans-shippers of liquefied natural gas, according to the Gas Exporting Countries Forum (GECF). The top three LNG exporters in November were the US, Australia and Qatar, GECF said in its latest monthly report. In …

QatarEnergy and Chevron Phillips Chemical Company (CPChem) have secured $4.4bn financing for the Ras Laffan Petrochemicals project, a world scale integrated polymers complex in Ras Laffan Industrial City. The senior debt financing package comprises commercial and Islamic facilities as well as Export Credit Agency (ECA) financing, QatarEnergy said Monday. The …

OPEC Secretary General Haitham Al Ghais said on Thursday that International Energy Agency (IEA) should be ‘very careful’ about discouraging oil investments, which is important for global economic growth. Al Ghais’s statements came in response to fresh criticism from IEA Executive Director Fatih Birol to OPEC+, indicating that finger-pointing and …

Qatar delivered 22 more cargoes in the first quarter of this year compared to the same period last year, the Gas Exporting Countries Forum (GECF) said in its April report. In March, the total number of global LNG export cargoes increased by 8% m-o-m to 551. The total number of …