Oh noes, LNG has cooties: the unnamed Asian Qatar buyer
Tom KirkmanIndependent Project Manager
Oh noes, LNG gots cooties …
Wryly amusing that neither Reuters nor the buyer will state which “Asian entity” signed the long term LNG contract with Qatar.
Weird how the “Asian entity” seems to be reluctant to be open about securing the LNG contract.
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“QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters.
… Competition for LNG ramped up last year after the Ukraine war, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent’s imports.
But Asia, with an appetite for long-term sales and purchase agreements, has been the winner so far in securing gas from Qatar’s massive production expansion project, set to boost its liquefaction capacity by more than 60%.
Thursday’s contract will be the second to Asia since QatarEnergy started selling the gas expected to come on stream from the North Field expansion project. …”