Shell Plc will buy more liquefied natural gas from Qatar and supply the commodity to the Netherlands under a long-term deal, marking the Gulf nation’s second major contract with a European oil firm this month. Starting in 2026, QatarEnergy will deliver as much as 3.5 million tons of LNG to …
Read More »Global Energy Slump Impacts Qatar’s Post-World Cup Finances
Lower oil and gas prices this year and the end of last year’s massive spending before and during the World Cup have slowed down the economic growth in Qatar, one of the world’s top liquefied natural gas exporters, which is currently building the biggest LNG expansion project in history. Qatar …
Read More »Qatar in Talks to Build New Chemical Plant in Algeria
Qatar is paving the way to build a new chemical plant in Algeria as part of a potential partnership with the country’s state-owned Sonatrach, Elkhabar Daily reported. The partnership between Qatar’s Power International Holding and Sonatrach would include the construction of a new petrochemical complex that will produce raw materials …
Read More »China LNG Buyers Expand Trading after Adding more US, Qatari Contracts
China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in London and Singapore to better manage their growing and diversified supply portfolios in an increasingly volatile global market. The beefed-up trading presence of Chinese importers puts them in direct competition with such global heavyweights as Shell, …
Read More »Qatar Set to Export LNG to Hungary from 2027
Qatar is set to provide Hungary with liquified natural gas (LNG) starting from 2027 as the European country seeks to diversify its energy resources, Budapest’s Foreign Minister Peter Szijjarto confirmed on Friday. “We have reached a political agreement, which is now followed by talks between energy companies Qatargas and Hungary’s …
Read More »EIA: Qatar Natural Gas Production and Exports Stabilise
Qatar’s government plans to increase LNG export capacity and natural gas production through a major expansion in the North Field, Qatar, is expected to be completed by 2028. Expanded North Field natural gas production is expected to offset declines from mature fields and will increase overall natural gas output in …
Read More »QatarEnergy Signs 10-Year Condensate Supply Deal with ENOC
QatarEnergy has signed a long-term condensate supply agreement with the Dubai-based ENOC Group, it said recently. Under the 10-year sales agreement, QatarEnergy will supply up to 120 million barrels of condensates to ENOC starting July. The deal was by QatarEnergy, for and on behalf of Qatar Petroleum for the Sale …
Read More »Japan, Qatar Upgrade Energy Ties during LNG Talks
Japanese Prime Minister Fumio Kishida agreed to strengthen energy ties and economic cooperation with major gas producer Qatar on Tuesday, the final leg of a Gulf tour that has focused on securing energy supplies and promoting Japanese high tech. Kishida, who has been urged by Japan’s gas lobby to secure …
Read More »Qatar Expects Record Volume of LNG Offtake Signings this Year
Qatar this year will sign record volumes of long-term liquefied natural gas (LNG) offtake contracts, the country’s energy minister said on Tuesday at a conference in Vancouver. About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 …
Read More »Iran Awards Contract for Gas Field Shared with Qatar
Iran’s state-run Petropars company has awarded a contract for the construction of a large platform that will be installed at the Belal gas field in the Persian Gulf near the maritime border with Qatar. In a ceremony on Sunday, the Iranian Offshore Engineering and Construction Company (IOEC) won the contract …
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