Qatar’s RasGas Says U.S. to Limit Gas Exports to Damp Prices
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Qatar, the world’s largest liquefied natural gas producer, joined Australian suppliers in playing down the threat of large-scale exports of the fuel from the U.S., where a shale-gas boom has upended global energy markets.
“The U.S. has need for energy themselves,” Hamad Rashid Al-Mohannadi, the managing director of RasGas Co., told reporters in Kuala Lumpur today. “I don’t see the U.S. exporting large volumes of LNG” as it would cause domestic gas prices to rise significantly, he said.