Friday 3 June 2022

#Qatar LNG Output Falls Despite Surging Demand Amid Energy Crisis - Bloomberg

Qatar LNG Output Falls Despite Surging Demand Amid Energy Crisis - Bloomberg


Qatar’s liquefied natural gas production dropped this year, despite requests from European countries hungry for bigger deliveries to replace Russian fuel.

European utilities are scrambling to secure the commodity from producers around the world to reduce dependence on their top supplier after the invasion of Ukraine. The drop in output is partly due to several liquefaction trains being unavailable due to scheduled maintenance.

The Persian Gulf country exported less than 35 million tons of LNG between January and May, down from 36 million tons a year earlier, according to ship-tracking data compiled by Bloomberg. Qatar Energy didn’t respond to a request for comment.

European nations have tried to tap Qatar for more LNG and the US has attempted to lobby Doha on their behalf. Germany’s Economy Minister Robert Habeck visited Qatar in March and received the emir, Sheikh Tamim bin Hamad Al Thani, in Berlin last month, but such efforts yielded modest results.

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