40% of all new LNG entering market by 2029 going to be from QatarEnergy: Minister – The Peninsula

40% of all new LNG entering market by 2029 going to be from QatarEnergy: Minister – The Peninsula

Doha, Qatar: Minister of State for Energy Affairs, the President and CEO of QatarEnergy HE Saad Sherida Al-Kaabi, said “40% of all the new LNG that will come to the market by 2029, when all our projects are up and running, is going to be from QatarEnergy.”

Speaking during a “Leadership Dialogue” held as part of the 20th International Conference & Exhibition on Liquefied Natural Gas, which is currently taking place in Vancouver, Canada, His Excellency said that as the world grows, “gas will always be needed as the cleanest fossil fuel for the base-load required for electricity production and for powering industrial and manufacturing factories.”