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Qatar Explores Boosting Its LNG Expansion as Gas Demand Booms

  • Gulf state sounds out buyers to gauge interest in more gas
  • Talks come as Ukraine war raises long-term LNG demand
A Qatari liquefied natural gas tanker under construction in Geoje, South Korea.

A Qatari liquefied natural gas tanker under construction in Geoje, South Korea.

Photographer: SeongJoon Cho/Bloomberg

Qatar is sounding out buyers about a further expansion of its liquefied natural gas capacity, according to people familiar with the matter, as Europe rushes to secure supplies in the wake of Russia’s war in Ukraine.

State-run Qatar Energy is talking to gas buyers about whether to enlarge a $30 billion project started in 2021 to build six gas-liquefaction plants, the people said, asking not to be identified. The company is assessing the cost of adding at least one more unit and how much interest there is for additional gas from customers, including some in China.