Tuesday 5 December 2017

Qatargas Mideast exports doubled in 5 years - The Peninsula Qatar

Qatargas Mideast exports doubled in 5 years - The Peninsula Qatar:

"Qatargas, the world’s premier LNG company, witnessed a sharp increase in its gas supply to the Middle East last year. In 2016 Qatargas’ exports to the region jumped to 13 percent compared to just 8 percent in 2015, while the total production in 2016 remained almost unchanged compared to the previous year level. Its gas supplies to the Middle East has been registering a steady growth over the last few years. Qatargas’ exports to the region in 2012 was 6 percent of its total supply which has grown to more than double (13 percent) in 2016 with the year 2014 being an exception when the company served the region with only 2 percent of its total exports.  In contrary Qatargas’ market share to the Americas has seen a steep and steady decline during the period understandably as the region became self-sufficient in terms of energy. Qatargas’ exports to the region has declined to 1 percent in 2016 from 10 percent in 2012."



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