"
Robin Tuttle – a solid reporter when it comes to financial-type things in Qatar and the Gulf – has written a good article on Qatar’s LNG future. Indeed, it’s one of the best I’ve seen recently offering a reasonably rounded snapshot of a crucial issue for Qatar going forward.
He rightly notes that Qatar will face stiff competition in coming decades, notably from Australia. As CNN reported back in 2012 in a snazzy slide-show, six out of the world’s ten most expensive energy projects revolve around Australian LNG. Tuttle’s suggestion that Qatar will be surpassed in 2018 as the world’s largest LNG supplier is entirely plausible. However, it is not quite that simple. The bureaucratic and particularly the environmental red tape in Australia are fearsome and while the investment and political will to push through Australia’s impending LNG domination is formidable and will doubtless win out eventually, the cost and the timescale are open to debate."
'via Blog this'
No comments:
Post a Comment