Tag Archives: Qatar

Natural gas giant Qatar Petroleum predicted global demand for the fuel will continue to climb for almost two decades, making it far more optimistic than the International Energy Agency. QP expects consumption to grow at a rate of 1.5% a year, driven higher by economic growth and a broad shift …

A new wave of LNG importers borne out of China’s gas market reforms is the new growth opportunity in Asia’s LNG market, but their limited procurement capability and prompt demand requirements mean they are active only in the spot market. This complicates the marketing strategy of large LNG producers like …

Qatar could become the swing LNG (liquefied natural gas) producer and its LNG expansion plans are slated to boost real economic growth and fiscal surpluses to high-single digits and mid-single digits on average over 2021-27, according to Bank of America report. “Qatar’s LNG strategy appears to be focused on defending …

Qatar’s Public Works Authority (Ashghal) has announced plans to build the largest electric charging station for buses in the region, which will run on solar energy and monitor and control the operation of all the sites involved. High-efficiency solar cell shades will be established, becoming the first bus station in …

The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market. Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the …

Committed gas investments in the Middle East and North Africa (Mena) region for the period 2021-2025 are expected to total $75bn, Arab Petroleum Investments Corporation (Apicorp) said. Qatar, Saudi Arabia, and Iraq are the “top three Mena countries in terms of committed gas investments”, the multilateral development financial institution said …

On the back of developing political and economic relations between Qatar and Turkey, the LNG-rich Gulf state has been a growing market for Turkish contractors since 2014, an official of a Turkish consultancy firm has said. Citing data by Engineering News Record, Cigdem Ulug Kutlu, partner Shedu Consulting & International …

A Qatari company hopes to use the country’s abundant gas reserves to make protein for fish food and other animal feeds. Gulf Biotech, the Doha-based industrial biotech investor, and Unibio have signed a license agreement to produce sustainable and organic protein in Qatar. “The abundance of natural gas in Qatar …

Qatar Petroleum said on March 30 it would take full ownership of its Qatargas 1 LNG plant when its 25-year contract with international investors including Exxon Mobil Corp. and Total SE expires next year. The decision not to extend the contracts for the country’s first-ever LNG processing plan came as …

Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further. As competitors struggle to break even due to lower prices, the Qatari firm last …