Thursday 25 January 2018

Qatar Passes First Test in LNG Expansion. Now Partners Can Join - Bloomberg

Qatar Passes First Test in LNG Expansion. Now Partners Can Join - Bloomberg:

"Qatar managed to keep liquefied natural gas exports flowing last year even under a Saudi-led embargo, passing its first test in its plans to expand LNG production. Now the world’s biggest LNG exporter gets to pick who its partners will be. Qatar ended 2017 with LNG exports slightly above its 77 million ton annual capacity, mirroring levels recorded in previous years, according to ship-broker Poten & Partners Inc.’s data compiled by Bloomberg. The result bodes well for state-run Qatar Petroleum’s plan to increase output by 30 percent to 100 million tons in five to seven years."



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