Qatar Lifts its LNG Moratorium

The recently announced intention by Qatar to lift its long-running moratorium on new LNG projects and to produce some 20 bcma of LNG in 5 to 7 years’ time is a highly significant development for the LNG industry.  With its low-cost base and high condensate and LPG co-production, Qatar can compete with any of the established LNG suppliers (as well as Russian pipeline gas). …. [Persbericht]