Tag Archives: Qatar

Japan’s trading company Mitsui & Co is in an advanced stage of talks with QatarEnergy to buy a minority stake in one of Qatar’s mega expansion projects, anonymous sources with knowledge of the development told Reuters on Friday. Qatar’s state firm QatarEnergy is undertaking the world’s biggest LNG expansion project …

Qatari Energy Minister Saad al-Kaabi on Monday warned that rising power demand from artificial intelligence could wipe out the global LNG surplus and push markets into deficit by around 2030, despite more than 100 million tonnes per year of new LNG capacity scheduled to come online this decade, Reuters reported. …

Qatar shipped 25 more LNG cargoes in the first nine months of this year compared to 9M 2024, according to Gas Export Countries Forum (GECF). In its latest monthly report, GECF noted that the United States shipped 181 more cargoes during the period compared to 9M 2024. In September, some …

Over the past decade, the Gulf Cooperation Council (GCC), comprising Saudi Arabia, Qatar, the UAE, Bahrain, Kuwait, and Oman, has advanced bold strategies to reshape its economies by reducing reliance on oil while developing new sectors like renewable energy, tourism, financial services, and digital innovation. Charting a course toward long-term …

In a strategic move that reinforces its position as a leading global supplier of clean energy and supports global energy security amid rising demand and mounting challenges, the State of Qatar will begin exporting liquefied natural gas (LNG) from the first phase of the North Field East (NFE) expansion project …

Qatar withdrew its interest in the seized German operations of Russia’s state-controlled oil company Rosneft PJSC, according to people familiar with the matter. The Qatar Investment Authority was the last party interested in the refining assets, leaving their future in limbo, said the people, who asked not to be identified …

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, underlined the continued importance of natural gas in the global energy mix during a leadership dialogue at the World Gas Conference (WGC) in Beijing, Trend reports. Speaking at the event, Minister Al-Kaabi said that economic …

Major LNG buyers in Asia are seeking lower prices for Qatar’s new long-term supply than the Gulf exporter is offering, complicating negotiations over offtake volumes from the massive Qatari expansion projects, sources familiar with the talks have told Bloomberg. Qatar has a huge expansion program underway to boost its export …

With Iraq’s hydrocarbons making waves and LNG and KRG oil hitting the headlines, the potential for a bright future in the energy sector is becoming increasingly evident. Iraq’s hydrocarbon future looks promising if Prime Minister Al Sudani’s government can implement a more functional and feasible investment strategy in the coming …

Pakistan will renegotiate its long-term LNG supply deal with Qatar as it looks to lower its costs for the growing energy demand going forward, Pakistani Petroleum Minister Musadik Malik said on Friday. “The Qatar agreement is costly, and we will negotiate better terms next year,” Pakistani newspaper The News quoted …