US and Qatari LNG: Competitors or a parallel universe?
The two heavyweight exporters are miles apart in their approach to the market, but the interplay between them will define the future of LNG pricing
The LNG market will grow by roughly 50pc by the end of the decade, with the largest contributions coming from the US and Qatar. No slight to Australian developers, but it is the relationship between US and Qatari producers that will dictate the future of LNG pricing. These two countries could not be more different when it comes to their approach to the market. Qatar sells certainty, while the US sells flexibility. Qatar sells value through integration, and the US sells value through the pliability of its value chain. By expanding 40pc in less than a decade, Qatar is creating an unprecedented challenge for itself in placing such high volumes so quickly into the market What sets the st