Qatar is looking to find LNG buyers within the MEA region as netback prices from other regions remain low.
Qatar’s average LNG netbacks for May delivery from Northeast Asia, Latin America and Europe have so far averaged $3.7/MMBtu, $3.6/MMBtu and $3.2/MMBtu respectively. Meanwhile, the netback from the MEA is around $4/MMBtu, making it an attractive destination.
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