Australia s top gas producers undaunted by Qatar s LNG expansion Reuters 18/02/2021
By Sonali Paul
MELBOURNE (Reuters) - Australia s top two independent gas producers are confident their major new projects will be able to go ahead, even in the face of a massive expansion approved by the world s biggest liquefied natural gas (LNG) exporter, Qatar.
Qatar Petroleum last week gave the go-ahead for the $29 billion North Field expansion, the world s biggest LNG project, planning to boost its LNG output by 40% to 110 million tonnes a year by 2026.
To compete with that, Australia s Woodside Petroleum plans to give the green light for its $11 billion Scarborough gas and Pluto LNG expansion in the second half of this year, while Santos Ltd aims to sign off on its $3.6 billion Barossa gas development before July.
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Australia s top gas producers undaunted by Qatar s LNG expansion
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