Qatar eyes greater exports as North Dome moratorium ends
Qatar is intent on defending its share of LNG and gas exports after lifting a self-imposed moratorium on North Dome Qatar is intent on defending its share of LNG and gas exports after lifting a self-imposed moratorium on North Dome.
7 April 2017
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Ras Laffan in Qatar. Qatar’s liquefaction plants are running at capacity. (Statoil)
Directional impact on forecast:
Bearish on LNG prices in medium-to-long term
Qatar’s decision to lift its self-imposed moratorium on developing new production capacity at the North Dome field has sent a clear signal to its competitors – namely, that the country is prepared to boost gas output from the acreage and will increase exports if needed. This raises the possibility that a significant proportion of this gas could be exported as LNG in the coming years, which may delay a rebalancing of the global...
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