Qatar Says New Global LNG Projects Will Be Needed After 2030

  • Gas demand will keep growing as economies expand: minister
  • Middle Eastern nation is already increasing its LNG capacity
WATCH: “If we have a reasonable economic growth going forward, I think you’ll see all the supply and demand will catch up,” Qatar Energy Minister Saad Al-Kaabi says.Source: Bloomberg
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Demand for natural gas will keep growing and more supply projects will be required globally beyond 2030, Qatar’s energy minister said.

The comments from one of the world’s biggest suppliers of liquefied natural gas come amid fears of a potential glut later this decade as more projects, including in Qatar, come online. The Middle Eastern country is pressing on with its multibillion-dollar LNG expansion, and may consider adding further capacity if more gas becomes available, minister Saad Al-Kaabi said in Doha.