Asian Buyers Demand Lower Prices for Qatar’s Long-Term LNG Deals ...Middle East

OILPRICE - Economy
Asian Buyers Demand Lower Prices for Qatar’s Long-Term LNG Deals
source : OILPRICE ( Middle East ) () 52
Major LNG buyers in Asia are seeking lower prices for Qatar’s new long-term supply than the Gulf exporter is offering, complicating negotiations over offtake volumes from the massive Qatari expansion projects, sources familiar with the talks have told Bloomberg. Qatar has a huge expansion program underway to boost its export capacity by a whopping 85% from current levels by 2030. The state giant QatarEnergy is proceeding with the North Field West project, after drilling appraisal wells at the world’s largest natural gas field,…

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