Qatar Prepares To Dominate The LNG Export Market

. Last year, the United States overtook Qatar as the world’s largest LNG exporter, but Qatar has a huge expansion program underway to boost its export capacity by 85% from current levels by 2030. As the U.S. paused permit approvals for new LNG export projects earlier this year, adding uncertainty about the outlook for U.S.

, while also meeting our long-term fleet replacement requirements,” added Al-Kaabi, who is also Qatar’s Minister of State for Energy Affairs. QatarEnergy launched the long-term charter and operation program in 2022, which will support Qatar’s expanding LNG production capacity. And in terms of LNG capacity expansion, Qatar is not wasting its time.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. Poised to Dominate Global Biofuel Market by 2035The U.S. biofuel industry is expected to see a significant production increase, driven by renewable diesel, sustainable aviation fuels SAFs, and continued ethanol use.
Source: OilandEnergy - 🏆 34. / 68 Read more »

An EU Carbon Tax Will Upend The Global LNG MarketThe global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax
Source: OilandEnergy - 🏆 34. / 68 Read more »