Qatar Scrambles To Reclaim LNG Throne ...Middle East

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Qatar Scrambles To Reclaim LNG Throne
source : OILPRICE ( Middle East ) () 8
Qatar’s move to sanction the $30 billion North Field Expansion project puts the country on track to return as the world’s largest LNG producer by 2030, a Rystad Energy report shows, based on operational and so far sanctioned projects. Qatar’s liquefaction capacity will rise to 110 million tonnes per annum (tpa), or 18% of the global total, which is for now estimated at 600 million tpa at the end of the decade. Still, more projects are expected to be sanctioned as LNG demand will grow faster than supply. Utilization rates will…

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