OPEC's LNG Giant Keeps Exporting Gas and Oil as Saudis Cut Ties
- World’s top LNG exporter assures major Japanese buyer on gas
- Saudi Arabia, allies sever ties with Qatar over Iran relations
Here's What's Behind the Qatar Diplomatic Split
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Qatar, the world’s biggest seller of liquefied natural gas, can still access shipping routes to deliver oil and gas to buyers after Saudi Arabia and other neighboring states barred the emirate from exporting through their territorial waters.
State producer Qatargas told Japan’s Jera Co. that it would keep supplying LNG as normal in spite of the Saudi-led severing of diplomatic ties with Qatar, Jera spokesman Atsuo Sawaki said by phone. Jera is Japan’s biggest buyer of Qatari LNG under long-term contracts, according to data compiled by Bloomberg.