Qatar’s planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say. Qatar, one of the world’s top LNG exporters, …
Read More »Qatar Extends North Field, Targets even more LNG Production
QatarEnergy (QE) will target 142 million tonnes per year of LNG production before 2030, up from its previous goal of 126mn tpy by 2027. QE president and CEO Saad Sherida Al-Kaabi, also the Minister of State for Energy Affairs, set out the plans for the expansion at a press conference …
Read More »Qatar to Accelerate LNG Expansion as US Stalls on Export Push
Qatar plans to expand exports of liquefied natural gas amid rising demand and a pause on growth projects in the US, a key rival supplier. The nation, which vies with the US and Australia as the biggest shipper of the fuel, will develop a new 16 million tons a year …
Read More »India to Sign Billion Dollar Deal to Extend LNG Imports from Qatar
India is likely to sign on Tuesday a multi-billion dollar deal to extend LNG imports from Qatar till 2048 at rates that are lower than current prices, sources said. Petronet LNG Ltd will sign the deal with QatarEnergy to extend import of 7.5 million tonne a year on sidelines of …
Read More »Qatar to Offer Cheaper LNG to India in New Long-Term Supply Deal
QatarEnergy and India are expected to sign soon a new long-term LNG supply deal under which Qatar is set to offer cheaper and more flexible supply to the Asian customer, Reuters reported on Friday, citing trade sources. Qatar, one of the world’s top LNG exporters, prefers to sign long-term agreements …
Read More »Qatar Pauses LNG Shipments via Red Sea after US-led Airstrikes
Qatar appears to have paused sending liquefied natural gas tankers through the Bab el-Mandeb Strait after US-led airstrikes on Houthi targets in Yemen raised risks in the vital waterway. At least five LNG vessels operated by Qatar that were heading toward the passage at the southern end of the Red …
Read More »Qatar Leads World’s LNG Production and Marketing
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 …
Read More »Qatar Signs 5-Year Crude Sales Deal with Shell in Singapore
Qatar has entered into a significant agreement to supply Shell in Singapore with up to 18 million barrels of oil annually for a period of five years, marking the Gulf state’s inaugural five-year crude sales deal. QatarEnergy announced its accord with Shell International Eastern Trading Co. to provide a yearly …
Read More »The Remarkable Rise of Qatar as a Diplomatic Powerhouse
Qatar remains by far the biggest exporter of liquefied natural gas (LNG) in the Middle East, and one of the top three in the world, together with the U.S. and Australia. Alongside this, though, since Russia’s invasion of Ukraine on 24 February 2022, it has accomplished something of a geopolitical …
Read More »GECG: Qatar Remains Major Global Trans-Shipper of LNG
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 …
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