Qatar Is Betting Big on LNG and Says Other Nations Should, Too
- Producer is planning major capacity expansion, minister says
- Nation is looking to lock-in more deals in Asia and Europe
The Cavaou Liquefied Natural Gas terminal in Fos-sur-Mer, Frane, where the LNG mainly arrives from Algeria and Qatar before being regasified and injected into the network.
Photographer: Clement Mahoudeau/AFP/Getty Images
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Qatar is betting that demand for liquefied natural gas will continue to grow over the next few decades as it embarks on a new multibillion-dollar project to expand exports.
“We need more gas for the world, and we need more players,” Energy Minister Saad Al-Kaabi said in an interview Sunday.