Qatar announces 64% boost in LNG production capacity
Qatar’s statement comes as major new LNG projects are planned in Canada, Mozambique, Russia and the US where, just last week, regulators approved four additional LNG projects with a total capacity of 45m tonnes a year over the next few years
Although Qatar is facing increased competition from other exporters of LNG, energy minister Saad Sherida Al-Kaabi recently said he was unconcerned by the price outlook given Qatar Petroleum’s position as a low-cost producer of gas
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