Qatar targets Asia with looser gas contract terms

  • Date: 06-Jun-2023
  • Source: Al Bawaba
  • Sector:Oil & Gas
  • Country:Qatar
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Qatar targets Asia with looser gas contract terms

ALBAWABA – Qatar is offering looser liquefied natural gas (LNG) contracts with shorter periods and lower prices, according to Bloomberg, in an attempt to secure a larger market share to meet supply growth from expansion projects, against rising competition with the United States (US).

Bangladesh signed a deal with Qatar with more lenient payment deadlines last week, the New York-based news outlet reported.