Friday 23 February 2018

LNG: Qatar could partner with companies having Chinese buyer ties, says BMI

LNG: Qatar could partner with companies having Chinese buyer ties, says BMI:

"Qatar, which is planning to build three new liquefied natural gas (LNG) trains to target the tighter LNG market expected in the mid-2020s, could rather look to partner with companies that have strong existing relationships with Chinese buyers to bolster its position in this market, according to BMI, a Fitch company. The expansion offers substantial opportunities for oil majors to expand their gas portfolios and Qatar to grow exports to new markets, BMI said, highlighting that Qatar has unveiled plans to develop three new LNG trains in order to achieve the 100mn tonnes (Mtpa) capacity target set in its mid-2017 expansion programme. Initially, BMI had expected the 23Mtpa of capacity growth to come from a mixture of debottlenecking work at existing mega-trains, in addition to two new-build production trains."



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