Supply & Demand

Qatar will fight to keep its LNG market dominance

The world’s biggest LNG exporter will defend its share of the market as competition among suppliers intensifies amid the global glut of the fuel The world’s biggest LNG exporter will defend its share of the market as competition among suppliers intensifies amid the global glut of the fuel.
By Abhishek Kumar 25 May 2017 0 26068
Qatargas 4 LNG plant (Shell)

Qatar’s share of the LNG market is being threatened by rising exports of the fuel from the likes of the United States and Australia, but the Middle Eastern country still has tricks up its sleeve to remain a key supplier over the years to come. Qatar’s decision to lift its moratorium on developing new capacity at the North Dome field has sent a clear signal to its competitors that it is prepared to boost gas output from the acreage and increase exports if needed. Meanwhile,...