A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for the small Gulf nation of Qatar. Some 37 miles east of London on the Isle of Grain, a giant cylinder is being constructed at Europe’s largest liquefied natural gas terminal and will be ready to handle imports starting mid-2025. More capacity to stockpile fuel is welcome news for a region that is once again struggling with gas price volatility. Qatar, meanwhile, has rushed to meet Europe’s booming demand for LNG, set in motion by curbed pipeline flows from Russia. The Middle ... (full story)