Dolphin in talks to acquire Qatar gas

The Abu Dhabi company Dolphin Energy is in talks with Qatar Petroleum to boost its gas imports from Qatar.

Dolphin, controlled by the government-owned Mubadala Development, said it could receive an additional 300 million to 500 million cubic feet a day (cfd) of gas on an “interruptible basis”, meaning it would not have a firm contract from Qatar Petroleum for the gas supplies, and would get the gas only when other international customers did not want their full allotted volumes.

Some of the gas would be available only on a seasonal basis, it added.
But that season is likely to be summer, when gas demand peaks in the Gulf but falls in the Asia Pacific and European countries that buy most of Qatar’s gas.