Qatar expects to sign more long-term gas supply deals this year: Al-Kaabi

  • Date: 15-May-2024
  • Source: Gulf Times
  • Sector:Oil & Gas
  • Country:Qatar
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Qatar expects to sign more long-term gas supply deals this year: Al-Kaabi



Qatar’s LNG expansion projects are moving ahead on track and the country expects to sign more long-term natural gas supply deals this year to meet growing international demand, HE the Minister of State for Energy Affairs Saad Sherida al-Kaabi said yesterday.His remarks came during a panel discussion on ‘The next stage of the global energy transition” at Qatar Economic Forum with the participation of Patrick Pouyanné, chairman & CEO of TotalEnergies, and Darren Woods, executive chair & CEO of ExxonMobil.Al-Kaabi noted that Qatar’s LNG expansion projects are moving ahead on track towards an increased production capacity of 142mn tons per year.The country’s LNG expansion projects are designed to help meet growing demand for cleaner energy driven by economic growth and rising populations and living standards.“There will be further expansions to Qatar’s LNG production capacity. The technical capability of doing more in Qatar is going to be assessed in the future and, if there is more, we probably will do more," he said.The Minister noted, “With 18mn tons per year coming from our LNG project in Texas, Qatar will be doubling its LNG production capacity in the next few years.”He said, “North Field East and South are on track...we are in