Energy

Qatar Plans Major Expansion of Physical LNG Trading Volumes

Qatar Energy Minister Saad Al-Kaabi said the nation plans to increase trading of non-Qatari physical liquefied natural gas (LNG) cargoes to 30 to 40 million tons “by 2030.” He speaks to Bloomberg’s Francine Lacqua at the Qatar Economic Forum 2025. The government of the State of Qatar is the underwriter of the Qatar Economic Forum, powered by Bloomberg.Source: Bloomberg

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By Verity Ratcliffe and Anna Shiryaevskaya

May 20, 2025 at 9:53 AM UTC

Qatar plans to significantly boost its liquefied natural gas trading business to complement its expanding domestic production of the super-chilled fuel.

QatarEnergy set up a trading unit a few years ago, which is already handling 10 million tons of physical LNG annually, more than 50% of which is non-Qatari volumes, Energy Minister Saad Sherida Al-Kaabi said at the Qatar Economic Forum Tuesday.