Qatar rift leaves LNG to Egypt and UAE uncertain7 June 2017
The involvement of the United Arab Emirates and Egypt in a diplomatic rift between Qatar and several predominantly Middle Eastern states is set to affect LNG deliveries to the two countries.
Saudi Arabia’s decision to break diplomatic ties with Qatar early on Monday – accusing the state of backing militant groups such as Islamic State and al-Qaeda, among others – was followed by similar statements from others in the region.
Qatar produced 30.2% of the world’s LNG in 2016. While most was sent to Asia, Qatar also supplied 7.78 mt – nearly 10% of its output – to four buyers in the Middle East, including the UAE and Egypt.
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