93 days ago • Posted by William Ramstein

Qatar leads the way with Liquified Natural Gas

Qatar supplied 23% of the worlds LNG demand. Qatar hired engineers for a planned $29 billion expansion of its capacity to produce liquefied natural gas, seeking to cement its position as the world’s biggest supplier of the fuel. State-run Qatar Petroleum selected Chiyoda Corp. of Japan and London-based TechnipFMC Plc to do construction work worth around $13 billion, Qatar’s energy minister and QP Chief Executive Officer Saad Al-Kaabi said at a signing ceremony in Doha on Monday. - Bloomberg