Qatar on track to be world’s largest LNG producer: Rystad Energy ...Qatar

Qatar’s move to sanction the $28.7bn North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030, the Oslo, Norway-based Rystad Energy has said in a report. Qatar’s liquefaction capacity will rise to 110mn tonnes per year (tpy), or 18% of the global total, which is for now estimated at 600mn tpy at the end of the decade. Still, more projects are expected to be sanctioned as LNG demand will grow faster than supply, it said. The North Field Expansion (NFE) project is also making the Middle East, the world’s top region for oil and gas project sanctioning in 2021, Rystad Energy said. The independent energy research and business intelligence

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