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Project Insights

Qatar to expand LNG output as market tightens

Qatar Petroleum is planning to expand domestic production in tandem with a growing list of overseas assets in anticipation of a tighter LNG market post 2020 Qatar Petroleum is planning to expand domestic production in tandem with a growing list of overseas assets in anticipation of a tighter LNG market post 2020.
By James Gavin 29 August 2019 Middle East & Africa / Supply & Demand 0 34524
A gas plant in Qatar. (ConocoPhillips)

The key issue: Qatar Petroleum’s high-profile asset haul has masked a less-noticed but equally significant uptick in domestic activity centred on the North Field, which with 25.48 trillion cubic metres of reserves is the world’s largest non-associated gas field.

Interfax analysis: Qatar Petroleum’s (QP’s) recent flurry of overseas gas deals, culminating in the 27 August announcement of partnership agreements covering exploration acreage in Namibia, Guyana and Kenya, should be seen as a part of a wider strategy to ramp up production both at home and abroad.

These overseas...