On Feb. 25, 2024, Qatar announced plans to increase its LNG production capacity by a further 16 million tons per annum (mtpa) in 2029-30, bringing the total to 142 mtpa. This would be the third such large-scale expansion of its LNG production within the next six years, but there's one wrinkle: These new production volumes are set to come online at a time of significant oversupply in the LNG market. What accounts for Qatar's decision?
Qatar aims more long-term gas supply deals this year middleeastmonitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from middleeastmonitor.com Daily Mail and Mail on Sunday newspapers.
QatarEnergy announced on Monday that it had signed a $6 billion agreement with China State Shipbuilding Corporation (CSSC) to have 18 liquefied natural gas (LNG) carriers built.
Qatar will supply British energy giant Shell with liquefied natural gas (LNG) for 27 years, according to an announcement by state-owned QatarEnergy on Wednesday, 18th October.
Evaluating the recent developments in the energy market during the Qatar Economic Forum on Tuesday, the Qatari Energy Minister said: The only thing that will save humanity and Europe this year is a w.