Qatar possesses 'competitive edge' in LNG market: Al-Sada

Qatar possesses 'competitive edge' in LNG market: Al-Sada:

"Qatar possesses a competitive edge over other producers to cater to the liquefied natural gas (LNG) market in view of its having the “first mover advantage” and being “the most cost effective supplier”, said HE the Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada. With a forecast growth of 4-5% in LNG demand in the foreseeable future and with abundant proven gas reserves, it was but natural for Qatar to further monetise its huge gas resources and contribute towards global energy security, al-Sada told S&P Global Platts. He said: “Qatar's excellent track record of being the world's leading LNG supplier over the past more than two decades is well established. It has substantially invested across the entire LNG value chain and has established a name for being a reliable LNG supplier to all corners of the globe, served by its own world's largest LNG fleet comprising 65 LNG Tankers.”"



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