Qatar

DOE’s LNG Pause Fogs Long-term LNG Supply Outlook for Asian, European Natural Gas Buyers

DOE’s LNG Pause Fogs Long-term LNG Supply Outlook for Asian, European Natural Gas Buyers

The Biden administration’s temporary pause on new U.S LNG export permits has for now derailed an anticipated wave of new volumes that was expected to hit the market later this decade, prompting major global gas buyers to explore other options. Asia and Europe have increasingly relied on the United States for a large portion of…

February 12, 2024
Qatar Reaches Deal to Extend LNG Sales in India for Another 20 Years

Qatar Reaches Deal to Extend LNG Sales in India for Another 20 Years

QatarEnergy said Tuesday that it has extended an agreement to sell 7.5 million tons (Mt) of LNG annually to India.  The company said the 20-year sale and purchase agreement it signed with Petronet LNG Ltd. begins in May 2028. Qatar would deliver the liquefied natural gas to import terminals across the country.  “This agreement is…

February 8, 2024
Qatar Pulls Europe Closer with Spate of LNG Supply Deals

Qatar Pulls Europe Closer with Spate of LNG Supply Deals

Even as Qatar faces criticism over its links to Palestinian militant group Hamas, Europe is increasingly tying its future energy security to the natural gas-rich state. Energy Aspects’ James Waddell said Israel’s war against Hamas is “concerning for European buyers,” but not enough for them to stop signing long-term liquefied natural gas deals with Qatar.…

November 21, 2023
Qatar and China’s Natural Gas Supply Relationship Grows with Latest LNG SPA, Equity Deal

Qatar and China’s Natural Gas Supply Relationship Grows with Latest LNG SPA, Equity Deal

China Petroleum and Chemical Corp. (Sinopec) is growing its supply and equity position in Qatar’s massive LNG expansion projects with an additional agreement inked with QatarEnergy. State-owned Sinopec, one of the world’s largest liquefied natural gas importers, disclosed it has signed a 27-year sales and purchase agreement for 3 million metric tons/year from QatarEnergy’s North…

November 6, 2023
U.S. LNG Seen as Safe Bet Amid War in Israel, Qatar’s Balancing Act

U.S. LNG Seen as Safe Bet Amid War in Israel, Qatar’s Balancing Act

Israel’s war against Hamas has created yet another turning point for North American LNG projects working to advance, particularly those in the United States, as they look to seize momentum and pitch buyers on the energy security they can provide in an increasingly volatile market. The United States and Qatar are set to drive the…

October 26, 2023
Qatar’s North Field Project Presents Less Risk for Oversupply Than Country’s Earlier Expansions – Column

Qatar’s North Field Project Presents Less Risk for Oversupply Than Country’s Earlier Expansions – Column

After several years of chronically tight LNG markets, there was optimism among LNG buyers at the start of 2011. It seemed like the tables were turning in the favor of downstream buyers that had invested heavily in import infrastructure only to see terminals underutilized.

October 18, 2023
Qatar’s Push to Maintain LNG Dominance Promises to Influence How Competitors Market Volumes – Column

Qatar’s Push to Maintain LNG Dominance Promises to Influence How Competitors Market Volumes – Column

When Australia’s LNG exports overtook Qatar’s in 2021, it was the first and only time since 2005 that Qatar had not been the world’s largest liquefied natural gas exporter. It regained the title in 2022.

October 4, 2023
QatarEnergy Orders Another 17 LNG Tankers to Support Export Expansion

QatarEnergy Orders Another 17 LNG Tankers to Support Export Expansion

QatarEnergy has placed another large order for new LNG vessels as it continues to build out its shipping fleet ahead of a massive expansion in its liquefaction capacity that’s expected to come online later this decade. The state-owned company said Wednesday it has signed a deal worth $3.9 billion to have South Korea’s HD Hyundai…

September 27, 2023
Qatar Still Has Enormous Volume of LNG Left to Market

Qatar Still Has Enormous Volume of LNG Left to Market

Qatar, one of the top global LNG exporters, is having a banner year. The country has signed record volumes of long-term liquified natural gas supply contracts with new and existing buyers.  But it remains uncertain how much of the additional capacity that is being developed by QatarEnergy (QE)  will be committed by the end of…

August 15, 2023
Shell Prioritizing LNG, Upstream Ventures – and Shareholders – in Revamped Capital Plans

Shell Prioritizing LNG, Upstream Ventures – and Shareholders – in Revamped Capital Plans

Investments in low-emission technologies are taking a backseat to Shell plc’s Integrated Gas arm, as LNG prospects show promise for years to come, the executive team said Wednesday. Speaking during a Capital Markets Day at the New York Stock Exchange, CEO Wael Sawan said the London-based integrated major is tilting toward buffing up the Integrated…

June 14, 2023
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