Articles tagged Qatar

Editor’s Note: This column is part of a regular series by industry veteran Brad Hitch for NGI’s LNG Insight dedicated to addressing the complexities of the global natural gas market.

QatarEnergy has placed another large order for new LNG vessels as it continues to build out its shipping fleet ahead of a massive expansion in its liquefaction capacity that’s expected to come online later this decade.

Qatar, one of the top global LNG exporters, is having a banner year.

Investments in low-emission technologies are taking a backseat to Shell plc’s Integrated Gas arm, as LNG prospects show promise for years to come, the executive team said Wednesday.

China Petroleum and Chemical Corp., aka Sinopec, has agreed to take a stake in QatarEnergy’s North Field East (NFE) LNG expansion project, the first equity deal between a Chinese state-owned firm and the major natural gas exporter.

Qatar’s state-owned energy producer is looking to Eastern Canada to build exploration prospects after taking sizable stakes in ExxonMobil’s Newfoundland and Canada offshore acreage.

Italy’s Eni SpA expects to beat previous guidance on new exploration volumes and continue its pace of securing new natural gas sources for European markets as it seeks to reverse the hit its LNG and European gas marketing businesses took in the second quarter.

Cheniere Energy Inc. said Wednesday it made a positive final investment decision (FID) to expand its Corpus Christi liquefied natural gas (LNG) export terminal in South Texas. 

ExxonMobil said Tuesday it would invest in a $29 billion project that would boost Qatar’s liquefied natural gas (LNG) capacity from 77 million tons to 110 million tons annually. The deal comes at a time when demand is soaring, particularly in Europe, amid Russia’s war in Ukraine.

International liquefied natural gas (LNG) buyers could keep up the strong pace of new long-term contracts through the rest of the year as short-term volumes continue to grow more expensive, according to market analysts.