LNG Kingpin Pursues More Aggressive Strategy
by Bloomberg |Thursday, May 20, 2021 The world's top exporter of LNG is ramping up production dramatically and undercutting competitors. (Bloomberg) -- The world’s top exporter of liquefied natural gas is ramping up production dramatically and undercutting competitors in a bid to squeeze them out the market. Qatar is dropping prices and pushing ahead with a $29 billion project to boost its exports of the fuel by more than 50%, stymieing the prospects of new plants elsewhere. It’s also established a trading team to compete in the nascent spot market and pushing into Asia more aggressive...