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MEA’s thirst for cheap US LNG sees growth

Countries in the MENA have ramped up LNG imports from the United States, which offers a cheaper and less politically sensitive alternative to buying piped gas from regional rivals Countries in the MENA have ramped up LNG imports from the United States, which offers a cheaper and less politically sensitive alternative to buying piped gas from regional rivals.
By James Gavin 10 October 2019 Middle East & Africa / LNG 0 34666
A Qatargas LNG vessel. (Qatargas)

The key issue: The Middle East’s appetite for LNG is growing in line with a burst of competitively priced LNG exports coming from the United States.

Interfax analysis: While the United Arab Emirates’ dependence on gas from Qatar is politically embarrassing given the fractious relations between the two countries, LNG from the United States offers an alternative free of these political issues. When the UAE’s diplomatic and trade relations with Doha soured in June 2017, it ostensibly chose to ignore the inconvenient truth that it...