Monday, 21 March 2011

Gulf Times – Qatar plans huge LNG investment

Qatar’s LNG output will reach 170,000 barrels a day this year and petrochemicals will be looking at 19 metric tonnes a day, HE the Minister of Energy and Industry Mohamed Saleh al-Sada.

In an interview with Qatar News Agency, the minister said: “We are always looking for optimum ways and markets that satisfy our goals and conditions, investing in heavy industries such as LNG (liquefied natural gas) receiving stations or in petrochemicals and fertilizers”.

Argentina and Jordan have announced that they have constructed LNG receiving facilities and al-Sada said Qatar would consider investing in LNG receiving stations in targeted markets to increase the country’s LNG exports.

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