Not only in East Africa , but Natural gas is far more important than oil to Qatar’s economy. Qatar’s energy minister, Kaabi’s annonced early in last december that Qatar would leave OPEC in2019 January this year to focus its efforts on natural gas. Because Qatar seeks to boost its gas production from 77 million tonnes per year to 110 million tonnes.
Some observers speculate that Qatar's move could shape Natural Gas prices in the long term, especially in Asia — where gas contracts are still linked to the price of oil. There is perhaps the sign that this is in fact happening. The two models are indeed accompanying tools to better understand the so-called opportunity given by LNG value chain !
Not only in East Africa , but Natural gas is far more important than oil to Qatar’s economy. Qatar’s energy minister, Kaabi’s annonced early in last december that Qatar would leave OPEC in2019 January this year to focus its efforts on natural gas. Because Qatar seeks to boost its gas production from 77 million tonnes per year to 110 million tonnes.
Some observers speculate that Qatar's move could shape Natural Gas prices in the long term, especially in Asia — where gas contracts are still linked to the price of oil. There is perhaps the sign that this is in fact happening. The two models are indeed accompanying tools to better understand the so-called opportunity given by LNG value chain !