Qatari LNG exports embroiled in diplomatic spat

By Abhishek Kumar 5 June 2017
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Qatar’s fallout with its neighbours risks dampening the appetite for its LNG in the Middle East and Africa. (Qatargas) Qatar’s fallout with its neighbours risks dampening the appetite for its LNG in the Middle East and Africa. (Qatargas)

Directional impact on forecast:
Downbeat on Qatar’s LNG exports to MEA

Qatar’s swiftly deteriorating relations with the United Arab Emirates and Egypt are already denting the appetite for its LNG among consumers in the Middle East and Africa (MEA). Saudi Arabia, the UAE, Bahrain, Egypt, Libya and Yemen have severed their diplomatic and trade relations with Qatar, blaming Doha for destabilising the region by promoting what they regard as terrorist organisations such as the Muslim Brotherhood, Islamic State and al-Qaeda. While Qatar has said it regrets the decision – calling it unjustified and baseless – the diplomatic fallout could spread to the region’s other LNG importers – Kuwait, Jordan and Turkey.

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