Qatar’s LNG Loss Revives Projects From Argentina to Timor-Leste ...Middle East

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With 17% of Qatar’s LNG export capacity disabled and Gulf shipments disrupted, buyers arrived at Gastech looking for gas from somewhere else. Organizers valued the agreements announced or advanced in Bangkok at an estimated $60 billion, including a 20-year U.S. LNG contract and a 35-year production agreement in the Gulf of Thailand, while proposed projects in Argentina, Timor-Leste and Tanzania drew interest from buyers and investors. Energy prices pulled back sharply on Monday, with oil falling below $100 per barrel for the first time in…

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