Wednesday 26 September 2018

Qatar to boost gas output in sign of strength amid Gulf rift | Reuters

Qatar to boost gas output in sign of strength amid Gulf rift | Reuters:

Qatar announced plans on Wednesday to boost its liquefied natural gas (LNG) production capacity, which will put the tiny state on a par with top energy exporters in an apparent show of strength amid a protracted political row with Gulf neighbors.

Qatar is one of the Organization of the Petroleum Exporting countries’ smallest producers but is also one of the most influential players in the global LNG market due to its massive output capacity and gas reserves.

Qatar Petroleum (QP), the world’s top supplier of LNG, said it was adding a fourth LNG production line to raise its output capacity from the North Field, to 110 million tonnes a year.

No comments:

Post a Comment