As Europe is struggling to reduce its dependence on Russian gas, seeking to secure gas from the Middle East, China beat Europe to the punch and at the end of last November sealed the largest ever liquefied natural gas (LNG) deals with Qatar at the staggering amount of US$ 60 …
Read More »Xi Says China Ready to Improve Cooperation with Qatar in Energy, Finance, Investment
China is ready to expand cooperation with Qatar in traditional energy such as natural gas and renewable energy such as photovoltaic and wind energy, and raise the level of bilateral cooperation in finance and investment, Chinese President Xi Jinping said here Friday when meeting with Qatari Emir Sheikh Tamim bin …
Read More »$60 Billion LNG Mega Deal Marks Chinese Influence in Middle East
In a world now where several major economies may need huge quantities of gas delivered very quickly and with very little notice, Qatar, as the top liquefied natural gas (LNG) exporter occupies the same sort of ‘swing producer’ position in the global gas market that Saudi Arabia used to hold …
Read More »Chinese-Built Solar Project Makes World Cup Greener
The 800-megawatt Al Kharsaah photovoltaic power station, Qatar’s first solar power plant, seen here, was constructed by PowerChina Guizhou Engineering Co. [Photo/China Daily] Since a capacity crowd cheered at the opening on Nov 20 of the 2022 FIFA World Cup at the brilliantly lighted Al Bayt Stadium in Doha, the …
Read More »Qatar Signs 27-Year Deal with China as LNG Competition Heats up
QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia’s invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast …
Read More »Qatar Solar Plant to Offset Emissions from World Cup
Qatar’s Supreme Committee for Delivery & Legacy (SC) said that carbon savings from the new 800 MW solar power plant will be used to offset about half the emissions generated from the country’s hosting of the Fifa World Cup. The Al Kharsaah Solar PV Independent Power Producer Project will commit …
Read More »Qatar Aims to become the World’s Top LNG Trader
Qatar plans to use its massive liquefied natural gas expansion to transform the nation into the world’s top trader of the super-chilled fuel. “I think we will be one of the largest, if not the largest, LNG trader in the world,” Saad Al Kaabi, the nation’s energy minister and chief …
Read More »Qatar Urges to Depoliticize Oil and Gas
Oil and gas trade must be depoliticized, Saad al-Kaabi, energy minister and head of Qatar’s state energy company, said this, calling on politicians to abandon sanctions and agreements against the free market, Reuters reported. Kaabi’s comments came ahead of a meeting of the Gas Exporting Countries Forum (GECF) in Egypt …
Read More »Qatar Interested in Eastern Mediterranean Oil Exploration
Qatar is interested in joining French firm TotalEnergies and Italy’s Eni in exploring for oil in two areas in Lebanese waters, the Lebanese energy minister said on Friday. Qatar wants to join the consortium to explore for oil in blocks 4 and 9 in the Eastern Mediterranean, Walid Fayad said …
Read More »France’s TotalEnergies Invests Billions more in Qatar Gas Project
France’s TotalEnergies has signed a further $1.5 billion investment in Qatar’s natural gas production expansion, which comes as Europe scrambles to find new energy sources to replace Russian supplies. The French energy giant will have a 9.3 percent stake in the North Field South gas project, the first foreign partner …
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