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Energy Market Competition, Not Government Diktat, Will Benefit Consumers

In most portions of the U.S. economy, market competition puts downward pressure on prices, increases investment in innovation, and provides consumers a variety of options of purchases. The benefits of competition are obvious when Americans can shop around for automobiles at car dealerships or when walking the aisles of the supermarket. Competition in energy markets may not be as recognizable as cars or groceries, but Americans should know many of our country’s energy markets have been at the forefront of competition liberalization since the 1990s. As a result, monthly electric rates are lower or stagnant while consumers enjoy more options of energy piped into their homes. ....

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Qatar takes the plunge [NGW Magazine]

Qatar takes the plunge [NGW Magazine]
Mar 8, 2021 9:45:am
Summary
Qatar could go ahead with the expansion of its LNG complex alone, but there are companies out there looking to boost their LNG supplies. [NGW Magazine Volume 6, Issue 5]
by: Joseph Murphy
Qatar Petroleum (QP) is looking to cement its lead in global LNG supply for decades to come, after formally sanctioning a $29bn expansion of its liquefaction capacity in February.
Following a year in which the global LNG industry was marred by project deferrals and cargo cancellations, QP announced a final investment decision (FID) on February 8 on North Field East (NFE), which will raise its production capacity from 77mn metric tons/year at present to 110mn mt/yr. First gas is scheduled for late 2025 and full capacity should be reached within two years. ....

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