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Markets & Forecasts

Russian LNG challenges Qatar’s UK dominance in July

Qatar supplied 87% of the LNG that entered the UK in Q2, but competition from Russia ramped up in July Qatar supplied 87% of the LNG that entered the UK in Q2, but competition from Russia ramped up in July.
By Andreas Walstad 26 September 2019 Europe & Russia / Supply & Demand 0 34625
LNG supplied to the UK by Qatar and Russia

Qatar cemented its position as the UK’s leading supplier of LNG in Q2 2019, with an 87% market share compared with 74% in the same quarter last year, according to data released on Thursday by the Department for Business, Energy and Industrial Strategy.

However, competition from Novatek ramped up in July, when Russian cargoes supplied 37% of the UK’s LNG compared with Qatar’s 63%. The United States has...