The new export capacity, with projects to be completed in 2024, is expected to bring in billions of dollars more to the state coffers of the tiny gas-rich country, which is isolated by its Arab neighbors in a bitter feud in the Persian Gulf that has gone on for more than a year now. Qatar’s plans to expand even more the previously announced expansion come at a time in which competing LNG projects from the U.S. to Australia to Russia will add to the global LNG supply over the next few years. The announcement for the expansion also coincides with a massive surge in LNG imports in China, which is pushing for a coal-to-natural gas switch across the country in efforts to fight air pollution. China and South Asia are expected to be the key drivers of LNG demand growth in the coming decade. Qatar is geographically well-positioned, together […]