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Analysis: Qatar tightens global gas market grip with bold expansion moves


5 Min Read
SINGAPORE (Reuters) - Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further.
FILE PHOTO: A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato
As competitors struggle to break even due to lower prices, the Qatari firm last month announced it will boost LNG output by about 40% to 110 million tonnes per annum (mtpa) by 2026 in phase one of its expansion of North Field LNG, the largest single LNG project ever sanctioned. ....

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Qatar tightens global gas market grip with bold expansion moves | Hellenic Shipping News Worldwide


Qatar tightens global gas market grip with bold expansion moves
Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further.
As competitors struggle to break even due to lower prices, the Qatari firm last month announced it will boost LNG output by about 40% to 110 million tonnes per annum (mtpa) by 2026 in phase one of its expansion of North Field LNG, the largest single LNG project ever sanctioned.
The company is expected to announce second phase expansion plans this year which will lift LNG capacity by 2027 to 126 mtpa, enough to meet the total import needs of both Japan and South Korea – the world’s top and third largest LNG importers respectively. ....

United States , United Kingdom , South Korea , Wood Mackenzie Giles Farrer , Jessica Jaganathan , Saul Kavonic , Chong Zhi Xin , Suisse Kavonic , Alex Dewar , Shri Navaratnam , Credit Suisse , Boston Consulting Group , Qatar Petroleum , Qatar Petroleum Trading , North Field , Northeast Asia , Golden Pass , Northwest Europe , Wood Mackenzie , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , தெற்கு கொரியா , மரம் மெக்கன்சி கில்ஸ் ஃபாரர் , ஜெசிகா ஜெகநாதன் , சோங் ழி க்ஷின் , அலெக்ஸ் தேவார் ,

Analysis: Qatar tightens global gas market grip with bold expansion moves


5 Min Read
SINGAPORE (Reuters) - Qatar Petroleum, the world’s top liquefied natural gas (LNG) producer, is cranking up the pressure on high-cost rivals with bold expansion plans that will boost supplies over the coming decade and potentially push prices down further.
FILE PHOTO: A liquefied natural gas (LNG) tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan November 13, 2017. REUTERS/Issei Kato/File Photo
As competitors struggle to break even due to lower prices, the Qatari firm last month announced it will boost LNG output by about 40% to 110 million tonnes per annum (mtpa) by 2026 in phase one of its expansion of North Field LNG, the largest single LNG project ever sanctioned. ....

United States , United Kingdom , South Korea , Wood Mackenzie Giles Farrer , Saul Kavonic , Jessica Jaganathan , Chong Zhi Xin , Suisse Kavonic , Shri Navaratnam , Alex Dewar , Thomson Reuters Trust Principles , Credit Suisse , Qatar Petroleum , Qatar Petroleum Trading , Boston Consulting Group , North Field , Northeast Asia , Golden Pass , Northwest Europe , Wood Mackenzie , Thomson Reuters Trust , Economic Indicators , Energy Trbc Level 1 , Enterprise Reporting , Liquefied Natural Gas , Middle East ,