Qatar’s LNG drive in top gear
Qatar is pushing aside all other considerations to concentrate on the LNG-production race
When it comes to liquefied natural gas, Qatar doesn't like to do things by halves. After establishing itself as the world's largest producer (77m tonnes a year), it's taking steps to ensure that it remains dominant when rivals that might overtake it in the short run have likely fallen by the wayside. The source of Qatar's wealth is the vast store of natural gas (the world's third-largest reserves) below the waters of the Gulf in the North Field—shared with Iran, which calls it South Pars. North Field gas was the catalyst for the boom in LNG development in the late 1990s and early years of this century. In 2005, the Qatari authorities decided that the draw from the North Field was at risk of
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






