Room for Qatar?
Qatar's plan to increase LNG-export capacity should not trouble Australia's position in key Asian markets
Qatar's recent announcement that it plans to expand its liquefied natural gas export capacity from 77m tonnes a year to 100m is hardly a surprise. Qatar has the world's third-largest proved gas reserves, estimated by BP to be nearly 900 trillion cubic feet. If there is a surprise it is that the moratorium on further development of its North Field has been in place for so long-more than a decade during which other countries with more limited reserves, notably Australia and the US, have been aggressively developing new projects. Still, the world of LNG is full of surprises. Russia has larger gas reserves than Qatar but while it is a major gas supplier to Western Europe, it is a minor player in
Also in this section
28 January 2026
The alliance looks to bolster market management credibility by bringing greater clarity and unity to output cuts and producer capacity later in 2026
23 January 2026
A strategic pivot away from Russian crude in recent weeks tees up the possibility of improved US-India trade relations
23 January 2026
The signing of a deal with a TotalEnergies-led consortium to explore for gas in a block adjoining Israel’s maritime area may breathe new life into the country’s gas ambitions
22 January 2026
As Saudi Arabia pushes mining as a new pillar of its economy, Saudi Aramco is positioning itself at the intersection of hydrocarbons, minerals and industrial policy
