• Global Gas Analytics
  • Analysis & Forecasts

Middle East & Africa Price trends

January 2018

Asia and the MEA region will remain the preferred destinations for Qatari LNG shipments based on netback considerations.

LNG netbacks for Qatar from Asia and the MEA region remain high compared with those from Europe and Latin America, which is why the country is sending most of its LNG to the two regions. Nevertheless, Asia is becoming a challenging market for Qatar because of tough competition from Australian LNG. Consequently, Qatar is trying to maximise shipments to MEA countries such as Turkey, which in turn will...