Qatar eyes greater exports as North Dome moratorium ends7 April 2017
Directional impact on forecast:
Bearish on LNG prices in medium-to-long term
Qatar’s decision to lift its self-imposed moratorium on developing new production capacity at the North Dome field has sent a clear signal to its competitors – namely, that the country is prepared to boost gas output from the acreage and will increase exports if needed. This raises the possibility that a significant proportion of this gas could be exported as LNG in the coming years, which may delay a rebalancing of the global LNG market even beyond 2020.
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