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Markets & Forecasts

Qatar plots LNG market dominance via expansion

Qatar is marching on with a multifaceted LNG strategy that will enable Doha to maintain its market share and remain a reliable supplier of the fuel in Asia and Europe alike Qatar is marching on with a multifaceted LNG strategy that will enable Doha to maintain its market share and remain a reliable supplier of the fuel in Asia and Europe alike.
By Abhishek Kumar 26 February 2019 Middle East & Africa / Supply & Demand 0 33964
Qatar intends to almost double the size of its LNG carrier fleet in advance of its capacity expansion plans. (Qatargas)

Qatar is facing growing competition in the LNG market from the likes of Australia, Russia and the United States. Australia is set to overtake Qatar as the world’s top LNG supplier in 2019 when considering exports for the whole year. Nevertheless, Qatar has tricks up its sleeve that will ensure its dominance in the global LNG market in the medium-to-long term.

Qatar is taking several steps to ensure it remains a reliable LNG supplier for the next decade and to fend off the competition it is...

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