Qatar says gas and LNG sales holding steady

Qatar has said its revenue from gas and LNG sales has not been affected by sanctions, but the reality may be more complex Qatar has said its revenue from gas and LNG sales has not been affected by sanctions, but the reality may be more complex.
By Verity Ratcliffe 1 August 2017 0 26998
A Qatari LNG tanker. (Qatargas)

Qatar has posted increased earnings from its gas exports during the first month of sanctions imposed by its neighbours, but the true picture may be hidden as a result of higher oil prices.

Revenue from Qatar’s exports of LNG, condensates, propane, butane and other petroleum gases reached QAR 11.9 billion ($2.5 billion) in June, down by only 1.8% from May and up by 15.8% year on year, the Ministry of Development, Planning and Statistics announced on Sunday. 

The diplomatic spat between Qatar and a group of countries...

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