Friday 14 August 2009

Qatar extends lead in LNG race

Qatar has opened a new production facility for liquefied natural gas (LNG) in the emirate and also received the first shipment at a new terminal in the Adriatic Sea, helping to consolidate its position as the world’s leading LNG exporter.

The country is rapidly expanding its exploitation of the world’s largest gas resource, known as the North Field, and expects to bring four new LNG plants into production this year, doubling its export capacity to 62 million tonnes a year.

Another two plants will be added next year, boosting Qatar’s capacity to 77 million tonnes a year.

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