Australia may overtake Qatar as the world's biggest producer of liquefied natural gas (LNG) by 2020 as seven vast production plants dotted along its coastline plan to start operating later in the decade, Total's head of LNG Guy Broggi and other experts said at a conference in London this week.
"The new Qatar is Australia because final investment decisions (FIDs) have already been taken," Broggi said, referring to the five sanctioned projects and several more that are expected to reach FID in 2011-2012.
A moratorium on expansion in Qatar until 2015 is further expected to boost Australia's chances of taking the top spot.
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