Qatar to Build New LNG Project as US Stalls on Export Push
- Producer will develop new 16 mtpa expansion before end-decade
- Country expects demand for gas to keep increasing: minister
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Qatar plans to expand exports of liquefied natural gas amid rising demand and a pause on growth projects in the US, a key rival supplier.
The nation, which vies with the US and Australia as the biggest shipper of the fuel, will develop a new 16 million tons a year project before the end of this decade, lifting annual production capacity to 142 million tons by 2030, the country’s Energy Minister Saad Al-Kaabi said Sunday.