Qatar

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…

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…

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.…

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…

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…

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.

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.

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…

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…