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Qatar's LNG expansion plans and the issue of market oversupply

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? ....

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Qatar aims more long-term gas supply deals this year

Qatar aims more long-term gas supply deals this year
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QatarEnergy Inks $6Bln Deal With Chinese Shipbuilder for 18 LNG Vessels

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. ....

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Qatar inks 27-year multi-million tonne LNG supply deal with Shell

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. ....

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Qatar Energy Minister says 'only a warm winter can save Europe this year'

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. ....

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