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Qatar LNG expansion further blow to future US exports

Qatar will boost its liquefaction capacity to 110 mtpa in an effort to defend its market share, a move that will worsen the prospects of early-stage US LNG projects Qatar will boost its liquefaction capacity to 110 mtpa in an effort to defend its market share, a move that will worsen the prospects of early-stage US LNG projects.
By Verity Ratcliffe 28 September 2018 0 32714
An LNG plant in Qatar. The Qatargas 4 LNG plant. (Shell)

Qatar Petroleum will increase Qatar’s LNG production capacity to 110 mtpa via a fourth additional liquefaction train as part of its ongoing expansion project, the company announced on Wednesday. While the move is unlikely to affect the next round of United States LNG projects, greenfield developments that have yet to secure approvals could feel the strain – particularly as China intends to impose tariffs on imports of US LNG.

Having seen its share of the global LNG market slip from around one-third in 2015 to one-quarter...