Qatar expects record volume of LNG offtake signings this year – Reuters
Qatar expects record volume of LNG offtake signings this year – Reuters
VANCOUVER, July 11 (Reuters) - Qatar this year will sign record volumes of long-term liquefied natural gas (LNG) offtake contracts, the country's energy minister said on Tuesday at a conference in Vancouver.
About 40% of new global LNG output will come from Qatar by 2029, said Minister of Energy Saad al-Kaabi at the LNG 2023 conference. The country last year approved expansion projects that will boost its LNG output by 64% to 126 million tons per year by 2027.
"Some people say by 2050 you do not need gas anymore. I say you need more gas. You need gas as a baseline to support wind and solar since the sun does not shine all the time and the wind does not blow all the time," said al-Kaabi.
Select Sector 
Select Country 
