Qatar Petroleum is considering investment in Australian liquefied natural gas (LNG) facilities and possibly buying into an export boom that poses the only serious challenge to its place as the world's top LNG exporter, a company official said.
'I think we are exploring all geographical places that would really achieve our business objectives and Australia definitely is an important proposition where maybe we will be able to find good investment opportunities,' Abdulrahman Al-Shaibi, director of finance at Qatar Petroleum, told Reuters on the sidelines of a conference in Dubai.
By 2020, Australia may eclipse Qatar as the world's largest LNG exporting country.
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