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Project Insights

Qatar boosts position in Europe’s LNG market with Zeebrugge booking

Qatar Petroleum has further strengthened its already significant market share in Northwest Europe by booking all the available capacity at the Zeebrugge LNG terminal Qatar Petroleum has further strengthened its already significant market share in Northwest Europe by booking all the available capacity at the Zeebrugge LNG terminal.
By Christian Ernhede 13 September 2019 Europe & Russia / LNG 0 34581
LNG bunkering in Zeebrugge. (Port of Rotterdam)

Qatar Petroleum (QP) is extending its regasification capacity in Europe as it aims to keep pace with its increasing LNG production, which is being boosted by expansions to the Ras Laffan liquefaction plant and QP's acquisition of a 70% stake in the Golden Pass LNG plant in Texas.

On 2 September, a QP subsidiary booked all of the available regasification capacity at the Zeebrugge LNG terminal in Belgium from 2023-2044 in a deal with owner and operator Fluxys. According to Fluxys Chief Executive Pascal...