LNG Expansion Archives

2 min

Qatar on track to sell all LNG by end of 2023, energy minister says

Qatar holds long-term contracts with Asian buyers, which mainly include China, India, Japan and South Korea. Qatar’s liquified natural gas sales from the North Field expansion project are “going very…

2 min

Chinese engineering giant strikes £160mn deal to develop Qatar offshore oil project

The deal stands as Saipem’s “largest single offshore contract by total value in the company’s history.” A renowned Chinese offshore engineering company has recently inked a £160 million agreement to develop…

1 min

ExxonMobil invests $30bn in Qatar’s gas sector amid long-term partnership

Senior Vice President Peter Clarke outlined ExxonMobil’s decades-long, multi-billion-dollar commitment to Qatar’s gas infrastructure and revealed future expansion plans. ExxonMobil has poured almost $30 billion US dollars into Qatar’s gas…

3 min

Qatar and US contracts bolster China’s LNG trading expansion

Qatar is set to overtake Australia as China’s largest supplier as China bids to become a significant trading player. China has increased in international LNG trading markets courtesy of new…

2 min

Fitch Ratings revises Qatar’s outlook from stable to positive amid LNG expansion

Fitch Ratings said Qatar’s ‘AA-‘ ratings are supported by its large sovereign net foreign assets. Qatar’s credit rating has been revised from stable to positive by top US credit rating…

3 min

Qatar, Nigeria should take advantage of gap in EU gas market, expert says

Qatar has benefited from rising oil and gas prices brought on by the Covid-19 pandemic and Russia’s invasion of Ukraine. Qatar and Nigeria should take advantage of the gap left…

3 min

France’s TotalEnergies pumps $1.5bn into Qatar gas expansion project

German Chancellor Olaf Scholz will be in the country today, concluding a GCC tour, to sign agreements for the delivery of LNG and hydrogen. TotalEnergies SE is investing approximately $1.5…

2 min

Qatar to expand Welsh gas terminals amid UK scramble for LNG

The two major players in the global liquefied natural gas industry are Qatar and the United States. Qatar is investing millions of pounds in the expansion of a significant gas…

3 min

LNG giant Qatar witnesses 12-jump fold in surplus on energy profit

Mounting on top Qatar’s energy revenues, the World Cup organisers have said that they expect a $17 billion boost from hosting major football tournament. Qatar’s budget surplus increased by a…

LNG Expansion