Qatar turns the LNG screw
by David Llewellyn-SmithMore excellent news for Australian energy prices. Qatar is flooding the global market, at the AFR:
Qatar is forging ahead with the expansion of the world’s largest liquefied natural gas project and eyeing investment opportunities overseas despite a slump in global energy demand and the collapse of oil prices.
Saad al-Kaabi, the country’s energy minister and chief executive of Qatar Petroleum, said commercial bids for the project in the North Field, the planet’s biggest natural gasfield, would be delayed because of the COVID-19 pandemic but insisted that all contracts would be awarded by the end of the year.
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