Doha Bank hosts meeting for Sri Lankan delegation
18 Apr 2021 - 9:43
Sri Lanka’s State Minister of Money, Capital Market, and State Enterprise Reforms H E Ajith Nivard Cabraal (second left), Deputy Governor of the Central Bank of Sri Lanka N W G R D Nanayakkara (first right), Sri Lanka’s Ambassador to Qatar H E Mohamed Mafaz Mohideen (second right), and Doha Bank CEO Dr. R Seetharaman during the Doha Bank-hosted meeting in Doha recently.
The Peninsula
Doha Bank recently hosted a meeting with a Sri Lankan delegation which was headed by Sri Lanka’s State Minister of Money, Capital Market, and State Enterprise Reforms H E Ajith Nivard Cabraal and the Deputy Governor of the Central Bank of Sri Lanka N W G R D Nanayakkara. During the meeting, Doha Bank CEO Dr. R Seetharaman highlighted the key developments in Qatar which includes the country’s recent LNG expansion plans.
Doha Bank hosts meeting for Sri Lankan delegation thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.
Follow RT on US domestic demand for natural gas has been falling for a year now, according to EIA data. The authority expects demand will continue down this year as well because of cheap renewables and coal.
And yet, production is on the rise a combination that makes US gas producers increasingly dependent on export markets. Reuters’ John Kemp wrote in a recent column that while US natural gas production grew at some 4.3% between 2015 and 2020, domestic consumption of the commodity only increased at half that rate. Exports via pipelines and as LNG were what absorbed the excess. In a best-case scenario, they will continue to absorb it. In a worst-case scenario, competition on the LNG market could hit US producers hard.
Advertisement
Qatar Petroleum announces the award of a major engineering, procurement, and construction (EPC) contract to Samsung C&T Corporation for the expansion of the LNG storage and loading facilities located within Ras Laffan Industrial City, Qatar, as part of the North Field East (NFE) Project.
The EPC contract was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and Chief Executive Officer of Qatar Petroleum, and Mr. Oh Se-chul, the President and Chief Executive Officer of Samsung C&T, during a special ceremony at Qatar Petroleum Headquarters and in the attendance of senior officials from Qatar Petroleum and Qatargas.