Gulf Times – IIF urges Qatar to re-think stay on LNG expansion

Qatar needs to “reassess” the global market, especially in light of major gas discoveries such as those in the US, once the moratorium on LNG expansion expires in 2015, Institute of International Finance has said in an overview.
In Qatar, the moratorium on expanding liquefied natural gas (LNG) production capacity, in effect until 2015, will moderate growth, it said.
“But continued strength in public spending on infrastructure will maintain non-hydrocarbon growth of around 8% in Qatar through 2015,” the Washington-based IIF said in the overview published yesterday.

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