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Qatar Will Announce More LNG Deals With European and Asian Firms
Qatar will announce additional contracts to sell gas from a major expansion project to buyers in Europe and Asia, according to Saad Al-Kaabi, the country’s energy minister and head of its main producer. The producer, QatarEnergy, may also sign deals with additional partners to take a stake in the expansion of the offshore North Field, Al-Kaabi said at a press conference at Ras Laffan. Qatar, already one of the world’s top exporters of liquefied natural gas, is boosting annual capacity to produce the fuel used in power plants and chemicals facilities by almost two-thirds to 126 million tons later this decade. The ... (full story)